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Business, 24.03.2021 01:00 sandrahg3

The Smiths save £32,000 per year for retirement. They are now in their mid-thirties, and they expect to have £1 million in today’s Sterling Pound saved by the time they are in their mid-sixties. If their market interest rate is 7% per year and inflation averages 2% a year, will the Smiths meet their savings expectations?

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The Smiths save £32,000 per year for retirement. They are now in their mid-thirties, and they expect...
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