Agnes is 40 years old. She wants to know how much she should be saving each year for retirement. Below are the specifics: - She wants to retire at 60 and expects to live until she's 90 - She currently makes $56,000 and expects that to increase each year with inflation. She thinks she will need about 65% of that to live on in retirement. - She has $39,000 in an RRSP - Her investments are earning a real rate of 7% annual return before retirement. - When she retires she will move her investments into a more conservative portfolio and earn 2% per year. - She expects that CPP will be about $14,000 per year in today's dollars. CPP amount is inflation adjusted