ukasz was brought to tears reading an article in Forbes by Edward Siedle entitled The Greatest Retirement Crisis in American History. It noted that average Americans nearing retirement had less than $25,000 in their retirement accounts and that, in the decades to come, millions of elderly Americans will be slipping into poverty. ukasz is determined not to be one of the millions too frail to work, too poor to retire. He intends to have a plan and is determined to start at beginning of next year. Any plan or forecast requires certain assumptions and his first assumption is that he will retire early at the age of 60. ukasz will be 30 years old at the beginning of 2024. His plan is to use a 401(k) account. He logs into his 401(k) account to realize that he will have a mere $7,585.45 in his account at the beginning of 2024. He plans to start his first monthly contribution to his savings account on January 31, 2024 and intends to keep contributing every month for 30 years. Figuring in the early years he can be more aggressive and will have the time to ride out natural cycles in the markets, he intends to invest in funds with a heavier weight in stocks than bonds for the first 25 years (the first 300 months from January 1, 2024 through and including December 31, 2048) which will earn an annual rate of return of 12%, compounded monthly. He is also assuming that his employers will match his contribution during the 30-year savings period at the rate of 50%. In other words, for every $1 that ukasz contributes to his account, his employers will contribute $0.50, so that $1.50 is deposited into his account. For the five years before his retirement (from January 1, 2049 through and including December 31, 2053), ukasz realizes he will want to be more conservative with his investments because he will be in less of a position to weather any significant drops in the markets. He intends to rebalance his portfolio to favor bonds and less risky stocks that will earn an annual rate of return of 8%, compounded monthly. He also assumes that, in the last 5 years before his retirement, he will be making a higher salary and will be in a better position to contribute more to his account. He plans to double the amount of the contributions compared to the first 25 years. In retirement (from January 1, 2054 through and including December 31, 2078), ukasz plans to shift his investments to the most conservative investment choices which he expects will yield an annual rate of 6%, compounded monthly. He wants to be able to withdraw $5,000 from his savings account each last day of the month for the 25 years of his retirement. At the conclusion of his retirement, ukasz would like to donate $1.57 to his Alma Mater to fund overworked and underpaid adjunct faculty. How much should ukasz begin contributing monthly on January 31, 2024? A. $100.00 B. $125.00 C. $150.00 D. $250.00 E. $270.97 F. $314.79 G. $415.47 H. $1,098.49