Nicci Denny, age 40, single, and from Colorado Springs, Colorado, is trying to estimate the amount she needs to save annually to meet her retirement needs. Nicci currently earns $65,000 per year. She expects to need 80 per- cent of her current salary to live on at retirement. Nicci anticipates receiving about $1900 per month in Social Security benefits at age 65. Using the Run the Numbers worksheet on page 528, answer the following questions. (a) What annual income would Nicci need for retirement? (b) What would her annual expected Social Security benefit be? (c) Nicci expects to receive $1,500 per month from her defined-benefit pension at work. What is her annual benefit? (d) How much annual retirement income will she need from her retirement funds? (e) How much will Nicci need to save by retirement in todays dollars if she plans to retire at age 65 and live to age 90?