Young C.

asked • 10/04/22

Finance annuity question

I am planning annual end-of-year withdrawals from my taxfree account after retirement for 30 years.

Principal is $750,000,Investment return is 6%,my Initial withdrawal $40,000 and annual increase of withdrawal will be $2,000. Can I continue withdraw for 30 years?

If not, how can I modify my current planning? I want this solution in excel functions with cell reference.

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