Jordan wants to retire in 20 years when he turns 65. Jordan wants to have enough money to replace 80% of his current income less what he expects to receive from Social Security at the beginning of each year. He expects to receive $10,000 per year from Social Security in today's dollars. Jordan is conservative and wants to assume a 5% annual investment rate of return and assumes that inflation will be 3% per year. Based on his family history, Jordan expects that he will live to be 90 years old. If Jordan currently earns $100,000 per year and he expects his raises to equal the inflation rate, approximately how much does he need at retirement to fulfill his retirement goals?