Question: How much do you need to save if you are 40, want to retire at 65 years of age with a salary of $120,000 per

How much do you need to save if you are 40, want to retire at 65 years of age with a salary of $120,000 per year/ life expentancy 85, 5% interst rate??
Life Expectancy 85
Retirement Age 65
Years to Receive Salary 20
Multiply by Amount of Salary $ 120,000.00
Amount needed at Age 65 $ 2,400,000.00

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