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ANEK [815]
3 years ago
12

At retirement, Susan plans take the investment balance from her mutual fund account and the balance from her 401K account and co

mbine them into an IRA account. To minimize risk, her IRA account will invest in more conservative securities. As a result, Susan anticipates her annual IRA returns to be about 5.5% during retirement. While in retirement, Susan plans to withdraw $90,000 per year from her IRA account over the next 32 years. Is this possible
Business
1 answer:
Rasek [7]3 years ago
4 0

Answer:

It is safer to invest in an IRA account.  If she withdraws she will be penalized a large sum.

Explanation:

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Answer:

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7 0
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he average length of time between when a firm pays cash to purchase its initial inventory and when it receives cash from the sale of the product produced from that inventory

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