estimated expenses and income needed during retirement. Each answer must have a value for the assignment to be complete. Enter $"$O$"$ for any unused categories.

Current Expense Amounts $($Jamie Lee and Ross Combined$)$

Fixed expenses: $$3,800$ per month

Variable expenses: $$2,800$ per month

Estimated Income Amounts $($Jamie Lee and Ross Combined$)$

Social Security: $$2,900$ per month

Current IRA balance: $$97,000$

Estimated IRA withdrawal: $$300$ per month

Other investments: $$30,400$ per year

Estimated Annual Retirement Living Expenses

Estimated annual living expenses if retiring today

Number of years until retirement

Expected annual rate of return before retirement

Future value $($use Exhibit $1-$A$)$

Projected annual retirement living expenses, adjusted for inflation

Estimated Annual Income at Retirement

Social Security income

Company pension, personal retirement account income

Investment and other income

Total retirement income

Annual shortfall of income after retirement $(A-B)$

Expected years in retirement

$\backslash$table$[[,$$$,63,360],[,$$$,8],[,$$$,4],[,,1\mathrm{.}369],[,$$$,86,740]]$

$($A$)$

$$,86,740$

Expected annual rate of return before retirement

Expected annual rate of return on invested funds after retirement

$($B$)$

$\backslash$table$[[$$$,34,800],[$$$,3,600],[$$$,30,400],[$$$,68,800]]$

$($C$)$

$\backslash$table$[[$$$,17,940],[$$$,30]]$

Future value factor for a series of deposits $($use Exhibit $1-$B$)$

Annual deposit required to accumulate the amount needed

$($D$)$