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Business, 11.02.2021 18:20 eggyhz1980

Jim plans take the investment balance from his mutual fund account and the balance from his 401K account and combine them into an IRA account. To minimize risk, his IRA account will invest in more conservative securities. As a result, Jim anticipates his annual IRA returns to be about 5.0% during retirement. While in retirement, Jim plans to withdraw $100,000 per year from his IRA account over the next 20 years. Is this possible

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Jim plans take the investment balance from his mutual fund account and the balance from his 401K acc...
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