Brett is a 25-year-old researcher at Texas Parks and Wildlife. He makes $60,000 per year. Your firm uses an end age of 95 and a top-down ratio of 78%. Brett has 1 kid and wants to have another. He'd like to make sure his heirs get $1,000,000 at the end of his life. He wants to be aggressive in his investments while he works (9% rate of return), and conservative during retirement (5% rate of return). Average inflation of 2% is anticipated. He does not expect to get social security, so he doesn't want it to be factored in. He wants to know how much he needs to save in his 401k to have a successful retirement if he retires at age 67. For Step 1 - Calculate the amount he will need each year BEFORE inflation during retirement: (use a positive number, round to the nearest whole dollar)

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

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the correct answer is b.)

answer; ///global;