In 45 years, you plan to retire and spend your leisure years watching old episodes of the Brady Bunch. You also expect to live for 25 years beyond your retirement date. You have decided that you will be comfortable receiving $15,000 per month at the beginning of each month starting on the day you retire. You expect to earn 4.0% on your retirement fund after retirement. Recently, your great aunt Bertha passed away and left you $5,000 which you will use to start your retirement fund How much must you save every month until you retire? You will earn 11.50% on your funds during your working years