5. Funding the nest egg shortfall Determining Retirement Shortfall Ryan and kebecca have 40 years to retirement. They are taking a personal finance course and have calculated their projected retirement income and investment needs. Based on their calculations and taking iqto account their Social Security and pension incomes, they have a projected shortfall of 56,750.00 per year. Use the following tables to answer the questions about future value interest factors. The impact of the inflation factor Continuing their workhect, they consult a friend, cconomics professor Dr. Gardi, who believes thot they can expect the average anaual inllation rate to be 536, possibly 64 tops. Contining their worickeet, they consult a frend, economics profestar Dr, Garos, who believes that they can expect the average annual infation rate to be ses, posubly 6\% tops. tep rate proviched by Or Garch. Funding the shortfall thr bdation fo defermining a realutic inflatien rate, Ryan and Rebecca tabed to their financial advison to understand rates of return now and after they reach retirement. Frst, their advisor projects that in 40 yeas, they can realistically esm 5% on their nest ega, second, he recornmends an inveltment vehicle thot is earning 5% snnaslly. top rote provided by Dr. Garda. Funding the shortfall If adcibon to determining a realistic infation rate, Ryan and flebecca talked to their Pinancial advisor fo understand rates of retum now and after they reach redrement. Fint, their advisor projects that in 40 vears, they can realistically earn 54 s on their nest ego. 5 econd, he recommends an investrent vehlde that is earning 6W annually. Compicte the folowing table using the infotion adfusted annual shortaif at 5%6 as previoush caiculated