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Author Question: If you wish to supplement your retirement by saving in 25 years, how much more would you have to ... (Read 76 times)

shenderson6

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If you wish to supplement your retirement by saving in 25 years, how much more would you have to save monthly if you saved the money outside rather than in an RRSP? Consider that investment returns should provide a yield of 8.5 percent compounded monthly and your tax rate is 30 percent, so the after tax return would be 5.95 percent.
$97.05
$9.71
$101.05
$87.63


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Marked as best answer by shenderson6 on Nov 11, 2019

gasdhashg

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shenderson6

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Reply 2 on: Nov 11, 2019
Excellent


covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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