1-You have $162,000 in your retirement account that is earning 8% per year. How many dollars in withdrawals per year would reduce this nest egg to zero in 20 years?

2-Your employer provides a 401(k) plan with a matching contribution of 5% of your salary if you put in at least 5% of your salary. If your monthly salary is $4850, then how much must you contribute to your retirement account each month in order to receive the the matching contribution from your employer?