scenario:you are a staff accountant working in the planning department at wells fargo. You are 45 years old today, your birthday. You would like to retire at the end of year when you are 65 years old. You snticipate that you will need $3,000 per month beginning the day after you retire.

How would you determine how much you should save annually beginning today to receive a lump sum payout st retirement?

(Do not solve this problem. Discuss the considerations, issues, and topics surrounding the issues.)