Consider that you are 45 years old and have just changed to a new job. You have $142,000 in the retirement plan from your former employer. You can roll that money into the retirement plan of the new employer. You will also contribute $6,400 each year into your new employers plan.

If the rolled-over money and the new contributions both earn a return of 9 percent, how much should you expect to have when you retire in 20 years?