Murtha as estimated that she would need $35,000 per year in today's Sterms) to live...

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Murtha as estimated that she would need $35,000 per year in today's Sterms) to live on in retirement. She will be retiring in 30 years and is funding for a 23-year retirement period. The inflation rate is expected to be 2% per year and the after-tax return on her investments is expected to be 55% Calculate the amount she should save every year starting today in her retirement account to find her post retirement period. Assume that she has already saved 525,000 in her retirement account. $15.489 $12,521 $12.049 $13.769

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