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This is the full questions no more details. take any amount you need to accomplish this problem. 1. Choose a salary that you want to

This is the full questions no more details. take any amount you need to accomplish this problem.

1. Choose a salary that you want to have at age 25. Assume that you get raises that keep up with the cost of inflation. Assume that you contribute 10% of your income to your retirement plan. Assume your own rate of return on your money.

How much do you need to have saved if you retire at 40 and live to 90?

How much do you need to have saved if you retire at 65 and live to 90?

Note: Show all of your calculations

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