Assume you retire today, and you have $5,000,000 in a 401K The account will earn (be invested in securities) that will earn 6%/year. You'll live 35 years, and you want to leave $2 million for the kids and grandkids to inherit. How much money can you take out of the account every year (end of year) given the above? Again, think of your cash flows. Look at your TVM calculator for inspiration!