Fun Fact of the Day, September 21, 2017

September 21, 2017

LUMP-SUM NEEDED - A present value (PV) amount of $210,435 is required to fund a $1,000 per month payment for 25 years with a +3% annual increase for maintenance of purchasing power assuming that a +6% annual rate of return is maintained into the future.  The PV amount is $280,575 if the required payment period is 40 years.  The calculations ignore the impact of taxes and are for illustrative purposes only and are not intended to reflect any specific investment alternative (source: BTN Research).




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