John is 50 year old now and he is planning to retire at age 62. Currently, he have $30,000 in his retirement account. Please let me know what the future values of John's investments will be if, (a) He invests aggressively in stock market and he is expecting the rate of return will be 12% a year. (b) He invests in 60/40 portfolio with mutual funds with 60% in stock market and 40% in bond market and he is expecting the rate of return will be 6% a year. 1.41 1.57 THE AMOUNT TO WHICH ONE DOLLAR WILL ACCULULATE AT THE END OF THE SPECIFIED NUMBER OF YEARS (Source: Ernst & Young's Retirement Planning Guide 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 36% 1 1.05 1.06 1.07 1.08 1.09 1.10 1.12 1.14 1.15 1.16 1.18 1.20 1.36 2 1.10 1.12 1.14 1.17 1.19 1.21 1.25 1.30 1.32 1.35 1.39 1.44 1.85 3 1.16 1.19 1.23 1.26 1.30 1.33 1.40 1.48 1.52 1.56 1.64 1.73 2.52 4 1.22 1.26 1.31 1.36 1.46 1.69 1.75 1.81 1.94 2.07 3.42 5 1.28 1.34 1.40 1.47 1.54 1.61 1.76 1.93 2.01 2.10 2.29 2.49 4.65 6 1.34 1.42 1.50 1.59 1.68 1.77 1.97 2.20 2.31 2.44 2.70 2.99 6.33 7 1.40 1.50 1.61 1.71 1.83 1.95 2.21 2.50 2.66 2.83 3.19 3.58 8.61 8 1.48 1.59 1.72 1.85 1.99 2.14 2.48 2.85 3.06 3.28 3.76 4.30 11.70 9 1.55 1.69 1.84 2.00 2.17 2.36 2.77 3.25 3.52 3.80 4.44 5.16 15.92 10 1.63 1.79 1.97 2.16 2.37 2.60 3.11 3.71 4.05 4.41 5.23 6.19 21.65 11 1.71 1.90 2.10 2.33 2.58 2.85 3.48 4.23 4.65 5.12 6.18 7.43 29.44 12 1.80 2.01 2.25 2.52 3.14 3.90 4.82 5.35 5.94 7.29 8.92 40.04 13 1.89 2.13 2.41 2.72 3.07 3.45 4.36 5.49 6.15 6.89 8.60 10.70 54.45 14 1.98 2.26 2.58 2.94 3.34 3.80 4.89 6.26 7.08 7.99 10.15 12.84 74.05 15 2.08 2.40 2.76 3.17 3.64 4.18 5.47 7.14 8.14 9.27 11.97 15.41 100.71 16 2.18 2.54 2.95 3.43 3.97 4.60 6.13 8.14 9.36 10.75 14.13 18.49 136.96 17 2.29 2.69 3.16 3.70 433 5.OS 6.87 9.28 10.76 12.47 16.67 22.19 186.27 5:54 PM 1/19/2021 2.81 + D e *