You want to live off $60,000 per year in retirement. You estimate by the time you retire, you will have about 30 years of life left after retirement. How much money do you need to have at the start of retirement in order to live off $60,000 per year for 30 years in a retirement account that earns 8% compounded annual interest? (round to the nearest cent) (DO NOT INCLUDE COMMAS OR$) You would like to have $60,000 saved up for a down payment for a house in 8 years. How much do you need to put into your investment account today that earns 8% compounded annual interest? (round to the nearest cent) (DO NOT INCLUDE COMMAS OR $)