Birthday of First Deposit Amount of Required Annual Deposit 25 $ 30 $ 35 $ $ 40 $ 45 $ 50 $ 55 $ 60 $ 65 $ 860,000 Financial planners (and engineering economists) unanimously encourage people to start early in planning for retirement. To illustrate this point, they frequently produce a table similar to the one below. Assume that your goal is to have $ 860,000 on your 65th birthday and that deposits start on the birthday shown and continue annually in the same amount on each birthday up to and including your 65th birthday. Assume that interest is compounded annually at 13.5%/year