You have just had your 30th birthday you have two children man will go to college 10 years from now and require four beginning of year payments for college chances of 10,011 thousand 12,000 and 30,000 the second child will go to college 15 years from now and required for beginning of year payments of 15,016 thousand 17,000 and 18,000 In addition you plan to retire in 30 years you want to be able to be dropped 50,000 per year at the end of each year from an account throughout your retirement you expect to live 20 years beyond retirement the first withdrawal will occur on your 61st about today but equal animals and of year amount must you save for each of the next 30 years to meet these goals if all settings on a 15% annual rate of return?