6. Based on my total retirement savings from question #5, assuming those funds are invested at 5% compounded annually, I am able to withdraw $_151,212.94 from my retirement fund each year over the next 20 years. (Show all work here.) Easiest to compute with the financial calculator (solve for PMT). INPUTS: 7. In order to meet your retirement goals (withdrawing an annuity stream for 20 years) from question #4, how much would you need to have in your retirement account at age 65?_In other words, based on the amount of the annuity from question #4, the total retirement savings account must have an actual balance of $ 151,212.94 in the account on the day of retirement at age 65 assuming a rate of 5% compounded annually. This is a present value of annuity calculation. (Show all work here.) INPUTS