Sick and tired of shoveling snow, you make a promise to yourself that you will retire in Turks and Caicos the day you turn 65. You need to start saving for the island life you are dreaming of. Here're the numbers that will determine how much you need to set aside each month. Cost of living in T&C when you are . 65 $5,000 per month (ignore inflation) Expect to live until you are 100 Current age = 30 Expected interest rate on savings =6% APR (monthly compounding) This Photo by Unknown Author is licensed under CC BY NO Note m