Question:
You want to be able to withdraw $25,000 from your account
Last updated: 7/21/2022
![You want to be able to withdraw $25,000 from your account](https://media.kunduz.com/media/sug-question/raw/51545822-1658403416.5553443.jpeg?h=512)
You want to be able to withdraw $25,000 from your account each year for 25 years after you retire. You expect to retire in 30 years. If your account earns 5% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?