Part 1 - You want to accumulate $1,000,000 in a retirement account at age 65. You are now 25. How much will you need to put in this account at the end of every month assuming it collects interest at 3% compounded monthly? Part 2 - When you turn 40, you get divorced and your ex-spouse takes half of what you have accumulated. How much will you need to increase your payment to still reach your goal at 65? (Note: Monthly payment amount, not annual) Part 3 - You are now 65 and have reached your goal. If you need $7,000 per month at the beginning of each month to survive, how long will it be before you have exhausted your money? Assume the interest rate stays the same