Question 2 6 pts Andy is planning for his retirement. He is currently 35 and plans to retire in 27 years, at age 62. He expects then to live an additional 25 years. Assume withdrawals during retirement are at the beginning of each year. He expects inflation to average 3% per year. He believes he can earn a nominal return on his retirement investments of 5% per year. Based on various assumptions, he believes he will need to withdraw $150.000 (in nominal dollars) from his retirement account at the beginning of his first year of retirement, and the same inflation-adjusted amount each year after that for his remaining life expectancy. Based on the Annuity Method described in the textbook, how much does he need to have in his retirement account the first day of retirement? $2.219,796 $2,690,331 $3,005,900 $3,189,623