Problem P3-11 (similar to) Question Help Assume you are 25 and earn $29,500 per year, never expect to receive a raise, and plan to retire at age 55. If you invest 5 percent of your salary in a 401(k) plan retuming 11 percent annually, and the company provides a $0.50 per $1.00 match on your contributions up to 3 percent of salary, what is the estimated futute value of your 401(k) account? Once you retire, how much can you withdraw monthly if you want to deplete your account over 30 years? Click the table icon to view the future value annuity table and to view the present value annuity table click this table icon