SOLUTION: You are currently making $70,000 a year after taxes and are Interested in maintaining your current income.If you are expecting $2,500 a month from social security, how much will yo

Algebra ->  Finance -> SOLUTION: You are currently making $70,000 a year after taxes and are Interested in maintaining your current income.If you are expecting $2,500 a month from social security, how much will yo      Log On


   

Question 1174990: You are currently making $70,000 a year after taxes and are Interested in maintaining your current income.If you are expecting $2,500 a month from social security, how much will you need to withdraw from your retirement accounts monthly ?
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.

    %2870000+-+12%2A2500%29%2F12 = 3333.33  dollars  per month  (rounded).


Or  3333.34 dollars  --- choose any one of these two answers.

Solved.