This one's a wicked real life problem I can help you solve, because finance is NOT a fluke.
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Suppose you are exactly 30 years old. You believe that you will be able to save for the next 20 years, until you are 50.
For 10 years following that till age 60, you will have a spike in your expenses due to your parents' health, children's wedding, and other needs, and you won't be able to save.
If you want to guarantee yourself 40,000 per month, starting one month after your 60th birthday, how much should you save every month, for the next 20 years?
Assume that your investments are expected to yield 8% annually and you are likely to live till age 80.
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sEntry: The Clutter Junkster
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Dedication Post
1) Creature of Habit
2) Hope for Joy
3) Frozen in Time
4) Precious Wound
5) Ironed Fashion
6) My Name is Rain
7) Winning Moment
8) Life on Film
9) I Can't Touch the Things that are True
10) Kaleidoscopic Bibimbapish Post
Post-Korea Stress Syndrome
1) Time in a Bottle
2) For a While
3) Still Single
4) Thesis Acknowledgments
5) A Tribute to the Triad
6) Prince Caspian: A Must See
7) Halo-halo for the Rainy Days
8) Family Reunion
9) Lying is A By-product
10) Gladiators in My Dream
11) Turning a New Leaf
12) Is There a Bane to Being Brown?
13) Serve the People?
14) Lament of a Call Center Agent
15) A Mechalife
Bpath Counter
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