After graduation, you begin your new job. Naturally, you're already thinking about retirement. You estimate you'll need $2 million to comfortably stop working, 40 years from now. If market returns are 8% annually, what do you need to contribute annually? QUESTION 24 Instead, let's assume you only want to max out your IRA, as opposed to using your employer's 401k, forgoing the matching funds offered, etc. That means at current IRS amounts, you would contribute $6,000. What account balance would you need TODAY in order to retire in 40 years?