1. Consider that you are 35 yrs old and have just changed to a new job. You have $158,000 in the retirement plan from your former employer. you can roll that money into the retirement plan of the new employer. You will also contribute $8,000 each year into your new employer's plan. If the rolled-over money and the new contributions both earn an 6% return, how much should you expect to have when you retire in 30 yrs? Future value $ .

2. Your client has been given a trust fund valued at $1.64 million. She cannot access the money until she turns 65 yrs old, which is in 15 yrs. At that time , she can withdraw $18,000 per month. If the trust fund is invested at a 4.5 % rate, compounded monthly, how many months will it last your client once she starts to withdraw the money?

Number of months .