FIN 311: If a couple need to make a retirement plan. They are both 35 years old and have $70,000 in a company retirement plan which they can roll over into their own plan. Their combined income is $130,00 per year, and they want to finance the same income in retirement. When they retire the can purchase a two-life annuity with an expected second death at age 87. Prepare a plan of alternative rates of return and retirement dates (age 64, 67, 70). Explain what annual contributions they must make to the plan to make their retirement that they want.