Deterministic Selected Assumptions	Sensitivity Analysis Conservative Assumption
Group 2 Case
Age	25
Retirement age	65	64
Retirement life expectancy	90
Current income	$ 60,000
WRR	75%
Inflation	3%	3.50%
Investment return	9%	8%
SS retirement benefit	$ 14,000	$ 13,000 Solve

Solve the following question using the annuity model & purchasing power preservation model.

1) Calculate the amount Kevin must save monthly, at month end (an ordinary annuity) assuming he has no current savings to accumulate the capital needed for retirement at age 65.