Jackson is 55 and currently has $1.2 million saved for retirement. He needs $2.2 million at this age 65 (in Jacksons age 65 dollars) in order to fully fund his retirement goal. If he can save $10,000 per year (at the end of the year), what rate will he need to earn on his investments in order to meet his funding goal?

Question 19 options:

	5.6%
	5.9%
	6.2%
	6.5%
	None of the above.