1.If I put $2,000 in a mutual fund at age 20 for ten years and stop, and then hold until 75. how much will I have if I expect a return of 8.1%. What if I wait til age 30 and put $2,000 every year in the bank and save until age 75, with the same rate. Will I have more or less?

2. You have two options to retire. You can receive $575 per month if you start taking the funds at age 55, or you can receive $795 per month by waiting til age 65. You expect a decent return of 5.8%. You also expect to live until 87.