19. Jacqueline's goal is to be able to generate $75,000 per year in today's dollars during her retirement years. Shee plan to retire at age 60 (37 years from now) and have a life expectancy of 28 years beyond retirement. Inflation is expected to average 3%. How much will Jacqueline need to accumulate by her target retirement date if she earns 6% per year, compounded annually during her retirement year? How much must Jacqueline save/invest annually over the next 37 years to reach her retirement goal if she earns 8% per year on invested assets during her working years? Remember that she currently has $3,128 in her 401(k).