Retirement Planning Case Study Mark and Kerry, both age 30, are married with two children. Both Mark and Kerry earn $30,000 annually Mark works for a non-profit and has access to a 403(b) plan. His employer will match dollar for dollar up to 5% of his income. Kerry works at a for-profit business that has a 401(k) plan. Her employer will match 50% of her contribution, up to a maximum of 3% of her income. Mark and Kerry anticipate that they will work until age 70. They feel like they should be able to live on 80% of their current income in retirement. Calculations What is the maximum amount each can save toward retirement through their What is a minimum target they should shoot for to maximize their company match? Develop a retirement savings plan for Mark and Kerry, including both savings and spending