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Intro You just turned 25 years old and want to retire when you turn 65 . You expect to live for 25 years after retirement

image text in transcribed Intro You just turned 25 years old and want to retire when you turn 65 . You expect to live for 25 years after retirement and want to withdraw $70,000 per year in retirement, starting on your 65th birthday. You expect to earn a return of 5% on your investments every year. Part 1 Attempt 4/10 for 10 pts. What is the total present value (as of your 65th birthday) of the withdrawals you expect to make in retirement

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