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Help Taylor figure out how much money she needs to save to help support herself throughout retirement: - Taylor is 35 years old - Taylor

Help Taylor figure out how much money she needs to save to help support herself throughout retirement:

- Taylor is 35 years old

- Taylor expects to spend around $3,500 a month while in retirement

- Taylor expects to receive $2,000 a month from Social Security, Pension, ect...

- Taylor wants to retire by the age of 67

- Taylor's life expectancy is 95 years old

- Taylor's investment rate of return before retirement is 6%

- Taylor's rate of return during retirement is 5%

- We can assume a salary increase 2% each year

- And we can assume a 3% inflation rate

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