Question 1 6 pts Jordan is 50 and wants to retire in 17 years. His family has a history of living well into their 90s. Therefore, he estimates that he will live to age 97. He currently has a salary of $60,000 and expects that he will need about 78% of that amount annually if he were retired. He can earn 7 percent in his portfolio and expects inflation to continue at 3 percent. Jordan currently has $325,000 invested for his retirement. His Social Security benefit in today's dollars is $20,000 per year at normal age retirement of age 67. How much income per year from his investments will he need at retirement, in nominal dollars, the first year of retirement? $44,296 $65,051 $77,353 $84,656