The following will be based to the article before this.
We knew that John and Alice would have RM 240,025 of shortfall from their retirement fund.
We also knew that they have RM 175000 of Investment type financial products that generates 4.5% return per annum. In 20 years time, given the assumption that inflation rate is 4.0% throughout, their investment amount would reach up to RM 372,249.
Now, they would have a surplus of RM 132,224 at age of 55. John and Alice are now a proud couple who declares themselves as a financially independant people.
The Asset Growth Table have helped them to meet their shortfall.
How about yours?
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