Sound Help Save You received no credit for this question in the previous attempt. View previous attempt Retirement Savings You believe you will spend $165,000 a year for 21 years once you retire in 12 years. If the interest rate is 8.70% per year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) $ 1199588. a. How much must you need saved once you reach retirement b. how much must you save each year until retirement to meet your retirement goal? $