A client is concerned about the impact that inflation will have on her retirement

income. The client currently earns RM40,000 per year. Assuming that inflation averages 5.5% for the first five years, 4% for the next five years and 3.5% for the remaining time until retirement, what amount must her first-year retirement income be when she retires thirteen years from now if she wants it to equal the purchasing power of her current earnings?