Skyler plans to retire at age 57, and estimates that $50,400 a year in retirement for 28 years will be needed. That annual amount will be paid out in monthly income checks. To save for retirement, Skyler plans to put money every month into a 401k plan at work. If Skyler is currently 27, how much will need to be saved each month to meet the retirement goal, assuming the retirement accounts earn an average of 5.1% per year. Answer = $ (Round to the nearest cent/penny) Question Help: D Video Post to forum Submit