You are 23 years old now, and just graduated from college. You got your first job after graduation, and they will pay you $58,668 per year. If you plan to work from age 23 to 60, then retire, and you expect to live until age 100, how much should you save for retirement? Assume youll earn 10% in your working years and 4% in retirement, also assume you'll want an income of $58,668 per year in retirement.

Do not round intermediate calculations. Round your final answer to 2 decimals.