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Danila just sold all shares in his investment portfolio for $180,000 and is planning his retirement and related investments he needs to make. Danila estimates

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Danila just sold all shares in his investment portfolio for $180,000 and is planning his retirement and related investments he needs to make. Danila estimates that a before-tax amount of $400,000 in today's money will be enough to fund his retirement income needs. His financial adviser informed him that inflation in USD would average 2% per year over the next 20 years. Pension fund contributions, pension fund returns and pension fund distributions in his country are exempt from tax (no taxes, please ignore taxes). Required: 1. Calculate how much money Danila should accumulate in 20 years to fund his retirement needs. (2 points) 2. Calculate Danila's return objective given his retirement needs. (2 points) Edit View Insert Format Tools Table 12 of T A T2 nanarnach O P

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