Today, you are retiring. You have a total of $387,419 in your retirement savings and have the funds invested at a guaranteed 3.68 percent, compounded monthly. You want to withdraw $1,500 at the beginning of every month, starting today. You also want the withdrawals to stop when your account balance declines to $100,000. For how many years can you make withdrawals?

Multiple Choice

36.52 years

34.43 years

34.22 years

35.24 years

36.22 years