"As for saving money, if someone begins saving $10,000 a year for retirement at age 35, that can easily turn into an impressive nest egg of more than $500,000 by age 65, 33 13. Justify the ease of getting $500,000 by age 65 by calculating the required rate of return on the investment. (5 points) "But if one does not begin saving until age 50 and then sets aside $5,000 a year, that could mean a nest egg of less than $100,000, far less than many experts say is needed". 14. Justify "a nest egg of less than $100,000" using the return you obtained in A. (5 points) "According to the Federal Reserve's most recent figures, the median family 55 to 64 had $98,000 in retirement accounts. 15. So what does this suggest you do to prepare for your retirement? (5 points)