Now it's time for you to practice what you've learned. Suppose that Deborah is 40 years old and has no retirement savings. She wants to begin saving for retirement, with the first payment coming one year from now. She can save $5,000 per year and will invest that amount in the stock market, where it is expected to yield an return of 4.00% return. Assume that this rate will be constant for the rest of her's life. Deborah would like to calculate how much money she will have at age 65. Using a financial calculator yields a future value of this ordinary annuity to be approximately at age 65. Deborah would now like to calculate how much money she will have at age 70 . Using a financial calculator yields a future value of this ordinary annuity to be approximately at age 70. Deborah expects to live for another 25 years if she retires at age 65 , with the same expected percent return on investments in the stock market. Using a financial calculator, you can calculate that Deborah can withdraw at the end of each year after retirement (assuming retirement at age 65 ), assuming a fixed withdrawal each year and $0 remaining at the end of her life. Deborah expects to live for another 20 years if she retires at age 70 , with the same expected percent return on investments in the stock market. Using a financial calculator, you can calculate that Deborah can withdraw at the end of each year after retirement at age 70 , assuming a fixed withdrawal each year and $0 remaining at the end of her life