Tommy set the same retirement goal as his friend Timmy (see Problem 51)

Tommy set the same retirement goal as his friend Timmy (see Problem 51). However, there always seemed to be a reason not to
save money, so he put it off for many years. Finally, with just 15 years to
retirement, he began to save. Fortunately, Tommys executive-level job allowed
him to save $30,000 per year. If these savings earn 10 percent per year, will
Tommy achieve his $1million goal at the desired time?
Topic: Investing Early
Level of difficulty: Medium