SOLUTION: You are currently making $80,000 a year after taxes and are interested in maintaining your current income. If you are expecting $2,400 a month from Social Security, how much will y

SOLUTION: You are currently making $80,000 a year after taxes and are interested in maintaining your current income. If you are expecting $2,400 a month from Social Security, how much will y

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Question 1048434: You are currently making $80,000 a year after taxes and are interested in maintaining your current income. If you are expecting $2,400 a month from Social Security, how much will you need to withdraw from your retirement account monthly?
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
80000/12=$6666.67/mth
6666.67-2400=$4266.67/month withdrawals from retirement account. ☺☺☺☺
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