Savings Amount Needed. Stephanie and Cody Riley, of Newport, Rhode Island, desire an annual retirement income of $40, 000. They expect to live for 30 years past retirement. Assuming that the couple could earn a 3 percent after-tax and after-inflation rate of return on their investments, what amount of accumulated savings and investments would they need? Use Appendix A-4 or the Garman/Forgue companion website to solve for the