you are planning to save $3,000 per year for retirement, with the first deposit to be made one year from today. will invest in a mutual fund, which expects to provide a return of 8% per year. plans to retire 35 years from today, when the age is 65, and expected to live for 25 years (Age 90). How much can i spend in each year after I retire? first withdrawal will be made at the end of the first retirement year.