Real anuities question!?

Question

A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals the interest rate she earns on her $459,000 of savings, how much can she spend in real terms each year over the rest of her life?

The real rate is ____ , therefore, she can spend $ ____ per year.

Answer 1

Best Answer - Chosen by Voters

The real rate is __0%__ , therefore, she can spend $ ___459,000/30 years or $15,300_ per year.