Robert turned 23 today and wants to retire at age 55. He believes that he can comfortably invest $350 per month into his retirement account, which he expects to earn an average of 11%. During retirement, his investments will be more conservative, and he predicts that his investments will earn an 8% return. If he expects to live until age 80, how much can he withdraw each month during retirement?

Group of answer choices

$21,844.87

$9,502.98

$8,000

$5,388.35