Your client is 20 years old; and she wants to begin saving for retirement, with the first payment to come one year from now. She can save $10,000 per year; and you advise her to invest it in the stock market, which you expect to provide an average return of 6% in the future. She will retire at age 65. She expects to live for 25 years after she retires at 65. If her investments continue to earn the same rate, how much will she be able to withdraw at the end of each year after retirement? $ 166,422 $18,000 $137,646 $38,776