assume the client invests using a tax-free account

How much will they have to withdraw from their portfolio in their first year of retirement in order to maintain their standard of living? What is their retirement funding goal? How much will they have to save from their net paycheck per year to reach this goal if they start today?

\begin{tabular}{|l|c|} \hline Total Income & $92,000 \\ WRR & 76.00% \\ Social Security Expected & $45,000 \\ Client Current Age & 36 years old \\ Anticipated End of Plan & 97 years old \\ Target Retirement Age & 61 years old \\ Current Savings & $38,000 \\ Rate of Return on Investments & 11.20% \\ Inflation & 3.92% \\ Avg Income Tax Rate & 25.00% \\ Avg Investment Tax Rate & 21.00% \\ \hline \end{tabular}