c-1. You want to retire after working 40 years with savings in excess of $1,000,000. You expect to save $4,000 a year for 40 years and earn an annual rate of interest of 8%. Will you be able to retire with more than $1,000,000 in 40 years? Yearly Deposits x Table Factor Future Value 4,000 x $ 1,036,228 Table Values are Based on: 40 8%