You plan to retire at age 65. After learning the concept of time value of money, you decide to start saving for retirement. Today, you are 20 years old and will put $20,000 in your retirement savings account. You are also planning on making an annual deposit at 6% of your salary. However, you realize that you just got your job and cant start making the first deposit until exactly four years from today. You are making a salary of $60,000 per year and will remain at such for as long as you work. You want to start making withdraws starting one year from retirement and hope for an equal amount every year to cover your living expenses until age 99. Assume the annual rate of return has an APR of 8%, compounded monthly. How much would your annual withdraw be? Do NOT round to less than three decimal places in the intermediate steps. Round your final answer to two decimal places.