Question: Make sure the formatting is nice and easy to understand. No HAND WRITTEN answer. You are 30 and have decided you need to start saving

Make sure the formatting is nice and easy to understand. No "HAND WRITTEN" answer.

You are 30 and have decided you need to start saving for retirement in your 401(k) by depositing $1,325 per month. You are splitting your money between two investment options: 60% in Fund Aggressive which is expected to earn 10.5% annually and 40% in Fund Conservative which is expected to earn 5% annually. Once you retire at 65 and want to be sure that your spending lasts for 30 years. How much can you spend per month in retirement. Assume a 6% discount rate in retirement.

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