1. $71,588 b. $68,179 c. $64,932 d. $61,686 e. $58,601 Your older brother turned 35 today, and he is planning to save $7,000 per year for retirement, with the first deposit to be made one year from today. He will invest in a mutual fund that's expecte years from today, when he turns 65 , and he expects to live for 25 years after retirement, to age 90 . Under these assumptions, how much can he spend each year after he retires? His first withdra a. $71,588 b. $68,179 c. $64,932 d. $61,686 e. $58,601