How much do you need to invest in equal amounts for the next 10 years if you want to withdraw 5000?

How much do you need to invest in equal amounts for the next 10 years if you want to withdraw 5000 at the end of the 11th year and 6000 each year ther

How much do you need to invest in equal amounts for the next 10 years if you want to withdraw 5000 at the end of the 11th year and 6000 each year thereafter until year 25. rate if interest is 6%

or:How much do you need to invest in equal amounts for the next 10 years if you want to withdraw 5000 at the end of the 11th year and 6000 each year thereafter until year 25. rate if interest is 6%

or:That depends on how much interest is paid annually.You say 6 percent? So are you looking at $90,000.?The other thing you don't say is your investment Accumulative?If your looking at a straight out amount over ten years, I would suggest $9-$10,000 a year.After ten years you would have close to $100,000.Less tax of course. But seldom do saving accounts level out at 6%. They vary. Best ask a finance consultant or invest in an endowment policy. If your fairly young a policy for $100,000 could be quite reasonable. Good luck.

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