document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1036438>Question 1036438</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You are expecting $2,500 a month from Social Security. Yon have 1.2 million in your retirement savings, and you only want to use the earnings to live on, which is at 8% annual rate. You are currently making $64,000 a year and plan to live on 80% of that amount. Do you have enough to retire based on these numbers? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #651096 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=651096\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 80% of 64,000 = 51,200.\r<BR>\n" );
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document.write( "2500 * 12 = 30,000\r<BR>\n" );
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document.write( "8% of 1.2 million is equal to 96,000\r<BR>\n" );
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document.write( "add them together and you should be able to have an income of approximately 126,000 per year for the rest of your life.\r<BR>\n" );
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