1. Les would have $566,190.22 if he worked for 30 years and then retired. He built this nest egg by saving $150 a month for retirement through his companys retirement plan. His employer contributed an additional $0.50 for every $1.00 that he saved. He also earned 10.5 percent on his retirement savings.

Les inherited some money and now decides that he can retire when his savings build up to $400,000. When will that be?

1. 185.18 years
2. 26.85 years
3. 29.21 years
4. 33.33 years
5. 28.86 years