Rudiyanto is 35 years old (in 2020) and has an annual income of IDR 400,000,000 a year

Finance Jan 24, 2021

_{Rudiyanto is 35 years old (in 2020) and has an annual income of IDR 400,000,000 a year. If Rudiyanto hopes to retire at the age of 70 with an annual income of IDR 500,000,000 in current rupiahs, assuming an inflation-adjusted interest rate of 4 percent and a life expectancy of 90, how much money will Rudiyanto need to prepare at the age of 70 (2055) in preparation for retirement?}

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