everythingship

[everythingship]

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You are correct.

Could you also double check if this is right for me please?

Saving $2000 quarterly with semi-annual compounding from 25 to 60

periodic rate = (1 + 10% / 2) ^ (2 / 4) – 1 = 0.0246

Find FV at retirement age

n = 140 i = 2.46 pv = 0 pmt = -2000 FV = 2,360,465.53

Finding monthly income from 60 to 90

Periodic rate = 0.816

FV = 2,360,465.53 N = 360 I = 0.816 Monthly pmt = 30,650.27

Seems quite high, is this correct?

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