You are planning for a very eaty refirement. You would like to retire at age 40 and have enough money saved to be able to withdraw $230,000 por year for the noxt 40 years (based on family histary leave the money in this fund unti it is completely depleled when you are 60 yours old. (Cick the ioon to view Presert Yalue of 51 table.) ( Cliok the icon to view Present Vilue of Ordinary Annuly of $1 table) (Cick the con to view Future Value of 5t table.) (Cick the icon to view Future Value of Ordinary Annuly of 51 wable) Read the requirements Requirements go, 000 withdrasais) (Round your fral anewer is thin neased Pequirement 1. wholo dollar) To make the plar 1. How much money muat you aocumulate by rebrement to make your plan work? (Hint. Find the present value of the 5230,000 withdrawais.) 2. How does this amount compare to the total amount you wit wethdraw trom the imestment durng robirement? How can these numbers bo so diferont? Reference Reference Reference Reference Futura Valise of Ordinare Annulitv of $1 You are planning for a very eaty refirement. You would like to retire at age 40 and have enough money saved to be able to withdraw $230,000 por year for the noxt 40 years (based on family histary leave the money in this fund unti it is completely depleled when you are 60 yours old. (Cick the ioon to view Presert Yalue of 51 table.) ( Cliok the icon to view Present Vilue of Ordinary Annuly of $1 table) (Cick the con to view Future Value of 5t table.) (Cick the icon to view Future Value of Ordinary Annuly of 51 wable) Read the requirements Requirements go, 000 withdrasais) (Round your fral anewer is thin neased Pequirement 1. wholo dollar) To make the plar 1. How much money muat you aocumulate by rebrement to make your plan work? (Hint. Find the present value of the 5230,000 withdrawais.) 2. How does this amount compare to the total amount you wit wethdraw trom the imestment durng robirement? How can these numbers bo so diferont? Reference Reference Reference Reference Futura Valise of Ordinare Annulitv of $1