You plan to retire in 30 years. In 50 years, you want to give your daughter a $500,000 gift. You will receive an inheritance of $200,000 in 25 years. You think you will want $50,000 per year for 30 years when you retire (the first withdrawal will come one year after retirement). You will begin saving an amount to meet your retirement goals one year from today, and your last contribution will be in 30 years. Required: If you think you can make 9% on your investments, how much will you need to save each year for the next 30 years to meet your retirement goals?