Bret has just completed an MBA program, started a new job, and knows he needs to start a retirement savings plan. He assumes he will retire in 40 years with an average annual portfolio return of 6% for the rest of his life. He assumes inflation will average 2.5%, He anticipates retirement will last 25 years. He estimates he will need $5 million in his retirement account by the time he retires. What Initial amount must Bret contribute if his intention is to increase his retirement fund contribution at the inflation rate each year to meet the savings goal? O A $91,130 B.560,310, O C. $22,460 O D.523,020 O E. 532,310