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(10 points) Help me plan for my retirement. I am celebrating my 45th birthday and want to plan to retire at age 65. When I
(10 points) Help me plan for my retirement. I am celebrating my 45th birthday and want to plan to retire at age 65. When I retire, I will purchase an RV, estimated at a value of $280,000. Each year of retirement, I project that I will need $170,000 of income at the end of each year to supplement my social security benefits. Based on family history and IRS actuarial tables, I expect to live to 85. I anticipate earning an effective annual interest rate of 10 percent on my investments. I currently have $100,000 saved. If I make monthly deposits into the retirement account at the end of each month, how much will the deposits be to meet my retirement needs
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