Eddie Van Halen is planning his retirement. He is 30 years old and his retirement age is 58 years. him (he hopes to retire in 28 years). Eddie's expected pension is 31,000 a year, but he estimates his expenses will be 49,000 a year once he retires. 

How much should Eddie deposit in a savings account paying 5% to cover the funds needed for the first 20 years of retirement?