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Points of Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 30 years and anticipate they will

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Points of Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 30 years and anticipate they will need funding for an additional 21 years. They determined that they would have a retirement income of $69.000 in today's dollars, but they would actually need 597 345 in ratirement income to meet all of their objectives Calculate the total amount that Peter and Blair must save if they wish to completely fund their income shortfall assuming a 3 percentilation rate and a return of 8 percent. Click on the table icon to view the FVF table click on the table icon to view the PVIFA table The total amount that Peter and Blair must save if they wish to completely fund their income shorttal, ansurning 5 percent inflation rate and a return of percent is S. (Round to the nearest cent) aft m E ve IM be the dent Odenti

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