if i have two objectives to satisfy
1.retire 31 years from today with a income of $300000per year for 20years . fisrst payment 31years from today
2.purchase a pieceof land 10years from today cost $350000
i can only afford to save 40000 per year for first 10yrs.with expected return of 7%on savings
if i save the same amount each year what must i save anually at from the 11th year through yera 30 to meet my objective
1.retire 31 years from today with a income of $300000per year for 20years . fisrst payment 31years from today
2.purchase a pieceof land 10years from today cost $350000
i can only afford to save 40000 per year for first 10yrs.with expected return of 7%on savings
if i save the same amount each year what must i save anually at from the 11th year through yera 30 to meet my objective