Hi I encountered such a problem Man need £2 million in 18 years to fund retirement. His current investable assets total £1,2m. The projected future need (£2 million) incorporates expected inflation. He need to earn GBP (2,/1,2)1/18 – 1.0 = 2.88 percent per year after-tax to achieve it. If he needed to liquidate 0.025m from the portfolio at the end of each year (keeping all other facts unchanged), how much he would need to earn per year to have £2 million in 18 years How shall we deal with this using fin calcul? in (000’) n=18 yrs PV=(-1200) beg assets value FV=2000 end assets value PMT =25 per year contribution per year solve for i = .0455 to account for inflation i.e. 2% I add .0455+.02= .0655