s of age and is a member of a specified pension plan (SPP). She is planning for an active retirement that she expects will last 30 years. Harry believes she will need $75,000 before tax to support her desired retirement lifestyle. If Harry retires at age 60, how much would she need in her SPP to provide an annual retirement income of $75,000, paid at the beginning of each year? Assume an interest rate of 6% compounded annually. Disregard income taxes.

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