3. You want to retire in 35 years and anticipate living for another 45 years after that. Immediately upon retirement, you want to begin withdrawing $8,000 monthly for living expenses and also want to take a trip at the start of your third retirement year costing $5,000, another at the end of year 10 costing $6,000, and another two at the end of years 20 and 35 that will each cost $7,000. You want to leave $150,000 to set up a scholarship in your name at Laurier when you pass away. You intend to save monthly from now until then and will put the money into an account that earns 4%, compounded semi-annually. You also anticipate that your Youtube channel will continue to provide royalties of $50 per month after you retire. How much must you save every month to make this dream possible