Based on the information on slide 67 of the Topics in Wealth Management" PPT file, compute the annual savings amount using the input data below. To get full credit, you need to show answers to steps 4, 5, and 6. Show your work. 24 Current age Retirement age Expected life expectancy after retirement 65 30 Investment return rate 8% 2% Inflation rate $100,000 75% Current annual expenses The 80% rule? The annual cost of other goals after retirement Post-retirement tax rate $10,000 20% Current retirement savings Expected monthly social security income Other monthly income after retirement $16,000 $2,800 $400 Based on the information on slide 67 of the Topics in Wealth Management" PPT file, compute the annual savings amount using the input data below. To get full credit, you need to show answers to steps 4, 5, and 6. Show your work. 24 Current age Retirement age Expected life expectancy after retirement 65 30 Investment return rate 8% 2% Inflation rate $100,000 75% Current annual expenses The 80% rule? The annual cost of other goals after retirement Post-retirement tax rate $10,000 20% Current retirement savings Expected monthly social security income Other monthly income after retirement $16,000 $2,800 $400