Over the past several years, Mr Lee has been able to save regularly. As a result, today he has $14,188 savings. He wants to establish her retirement fund in 5 years and feels he will need $50,000 to do so. c. If Mr Lee can afford to save only $2,000 a year, given your answer to (b), will he have $50,000 he needs to establish his retirement fund in 5 years? What expected return Mr Lee should seek to grow his savings of $14,188 to $50,000 in 5 years? if he invests in an investment with 12% return per annum, how long should Mr Lee plan ahead for his savings to achieve his retirement fund? d. As a portfolio manager, what possible advice you could suggest Mr Lee to consider to achieve his goal in terms of the me value of money factors/considerations Over the past several years, Mr Lee has been able to save regularly. As a result, today he has $14,188 savings. He wants to establish her retirement fund in 5 years and feels he will need $50,000 to do so. c. If Mr Lee can afford to save only $2,000 a year, given your answer to (b), will he have $50,000 he needs to establish his retirement fund in 5 years? What expected return Mr Lee should seek to grow his savings of $14,188 to $50,000 in 5 years? if he invests in an investment with 12% return per annum, how long should Mr Lee plan ahead for his savings to achieve his retirement fund? d. As a portfolio manager, what possible advice you could suggest Mr Lee to consider to achieve his goal in terms of the me value of money factors/considerations