PLEASE CORRECT ASAP THANK YOU!

I was told the period was at least wrong but all the work here is done just need someone to correct it thanks!

State Savings Required (from website) Texas $765,000 2. Using what we've learned this week calculate the annual income that amount of savings would generate for the number of years you will be retired (Yes you will have to estimate your retirement age, how long you will live, and a rate of retum on the money while it is invested ) Enter your answer as Projected Retirement Income and your assumptions and your financial calculator entries below. Estimated length of my retirement (age at death minus retirement age) Financial Calculator Entries 18 years Present Value 765,000 Payments Estimated Rate of return on investments during retirement (You choose A lower rate is conservative, higher rate is risky) 18 78% Future Value 0 Projected Annual Retirement Income from Payments Annual Rate 7.8% $80,497 99 Periods 18 All calculations for steps 2-5 should assume annual compounding 3. You might conclude that you want a higher level of income than you calculated in Step 2. For example calculate that the $785,000 amount shown as funding a comfortable retirement in Indiana results in annual payments of a little over $51,000, using reasonable assumptions for rate of return and length of retirement. If think that my chosen career pay will probably average much more than $51,000 annually. I should raise my assumption as to what would be a comfortable retirement income for me to maintain my lifestyle. If you think a higher amount of retirement income is desirable for you, state that annual amount and then calculate the amount of savings you would need at retirement to generate a payment of that size. My desired annual retirement payment Financial Calculator Entries 120,000 Present Value $2.085,815 25 Estimated Rate of return on Investments (same as in 2 Payments $ 11,804.07 7.8% Future Value 1,009 156.42 Revised required amount of savings Annual Rate 10 28% $1,140,401 14 Periods 18 4. Now take the amount of retirement savings you learned from the article in Step 1. or the adjusted amount calculated in Step 3 (if you adjusted the amount) and determine what the equivalent amount will be in the future when you reach retirement age. In other words, adjust the required amount of savings for inflation using an inflation assumption of 3% annually. Required amount of savings Financial Calculator Entres $1,140,401 14 Present Value $1,140,401.14 Inflation-Adjusted Required Amount of Savings Payments 18 $3,506,486.58 Future Value $3,506 486 58 Annual Rate 3% Periods 18 5. Determine how much you would have to save per year to have the amount you calculated in Step 4? You will need to estimate the length of your planned career and some assumed rate of return for your investments over that period. Length of my career Financial Calculator Entries 37 years Present Value 94.769.91 Payments $-120,000.00 Estimated Rate of return on Investments during working career. (You choose. A lower rate is conservative, higher rate is risky.) 7.8 Future Value $3,460,288.23 Annual retirement savings required Annual Rate $15,441.41 571,332.17 Periods 37 _