Joe's starting salary as a mechanical engineer is around $80,000. Joe is planning to place a total of 8% of his salary each year in mutual funds. Joe expects a 4% salary increase each year for the next 25 years of employment. If mutu funds will average 6% annual return over the course of his career, what can Joe expect at retirement? Click the icon to view the interest factors for discrete compounding when i=6% per year. The amount Joe can expect at retirement is $ (Round to the nearest dollar.)