Christian wants to retire in 10 years when he turns 65. Christian wants to have enough money to replace 60% of his current income less what he expects to receive from Social Security at the beginning of each year. He expects to receive $10,000 per year from Social Security in today's dollars. Christian is aggressive and wants to assume an 8% annual investment rate of return and that inflation will be 4% per year. Based on her family history, Christian expects that he will live to be 95 years old. If Christian currently earns $150,000 per year and he expects his raises to equal the inflation rate, how much does he need at retirement to fulfill his retirement goals? Use the following table for your computation. {Keep two decimal places, use a comma in the thousands place, e.g., 123,456.78. } PV $ N 10 i 4% FV FV 0 N 30 I PMTAD PV %