The Jeffersons' want to know the amount of required capital that will be necessary to have accumulated at retirement to supplement their assumed Social Security benefits to support their retirement goal of retiring at their full retirement age (FRA) of 67. They want to assume a 7% investment return on their retirement portfolio before they retire and a 5% return after they retire. They assume inflation will be 3% for their entire lives. They also assume they will work until their FRA, but their compensation will only reflect cost of living adjustments at the 3% inflation rate. Finally, they do not plan to leave any of their retirement account to their children so they want to plan on the retirement account being empty in 30 years (the capital utilization method is the CFP world assumption unless told otherwise).