6. To maintain a standard of living you are accustomed to at retirement, it is suggested that you have $1 000 000 in savings. a) If YOU started investing in mutual funds today, which average an 8% return per year, compounded monthly, how much would you have to invest at the end of every month in order to achieve this amount 36 years from now? b) How much money would you actually contribute to get the $1,000, 000