. You have $400,000.00 saved in a retirement account paying 3% interest compounded monthly and are ready to start your retirement. You have to figure out how much money you can safely take out of your account every month because you don't want to run out of money before you die. ' How much money can you take out each month ifyou expect to live another 25 years? You can safely withdraw $[: a month for 25 years