Question: Jackie Facet of Auburn, Alabama, age 60,
Jackie Facet of Auburn, Alabama, age 60, was planning on retirement and investing well for it because he now has $400,000 in his retirement accounts and would likely to have doubled that by age 67. But, he became permanently disabled after getting into a vehicle accident a few months ago. (a) If his average earnings were $65,000, what would be his Social Security disability benefit? (b) Social Security Disability benefits end at age 65 and Jackie will switch over to Social Security Retirement benefits. What will his retirement benefit amount be at age 65? (c) How much might Jackie earn each year on his $400,000 portfolio if it earns 4 percent? (d) How large an amount could be withdrawn from his account each month starting at age 60 over 25 years of retirement? Use Appendix A-4 or the Garman/ Forgue companion website to solve for the answer. Appendix A-4: 
(e) Advise Jackie about his options
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