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 11% 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? $18,000 $86,235 $1,171,537 $1,095,302