Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans...
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Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans to retire at 65. Barry calculates that he can contribute $2,600 per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 10% on his investment, he will have $511,404.71 at retirement. How much would Barry have at retirement if he had started this plan at age 30?
Part 2
If Barry had started this plan at age 30, the amount he would have at retirement is $__
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