Then solve the following two retirement problems. 1) How much would each individual need year 1 of retirement to have a WRR of 80% given the expected inflation of 3%, and the amount of years until retirement (different for each)? 2) How much would each individual need to have a constant annuity of the amount found above for every year of retirement? Remember they have different times, different starting amounts, and different r 's. 3) How much would each individual need to have a growing annuity starting at the amount found in part 1 growing at the rate of inflation for every year of retirement? 4) How much would each individual need to have as a growing annuity DUE starting at the amount found in part 1 growing at the rate of inflation for every year of retirement? 5) How much would each individual's initial savings grown into by the start of retirement? Remember, different times and different r's again. 6) How much would each individual need to save per year as a constant annuity to make up the gap between the needs identified in 4 , and the projected growth of current savings found in 5 ? Solve for an annuity of savings tat will result in a FV of \#4 - \#5 for each, keeping in mind the different times and t 's involved. 7) What does the annual savings amount found in 6 above mean as a savings rate? \#6/ current salary for each, with each having a different salary