When planning for retirement Jason wants to know how much he ill need to have in his retirement account at at 67 to last until age 95. Jason is currently 30 years old and has an annual income of $73,000. He anticipated that his income will increase by 2% each year until retirement. He also thinks that he can live off of 85% of his final year's salary as he would like to travel during his retirement years. How much does Jason need as a lump sum at at 67 assuming a required rate of return of 6.2% $1,695,940 $1,783,559 $1,921,115 $1,532,789