A 25-year-old engineer earning $65,000 per year wants to retire at age 55 with $2 million, and plans to invest in a fund made up of 60% stocks and 40% bonds. (a) How much money must be invested each...

A 25-year-old engineer earning $65,000 per year wants to retire at age 55 with $2 million, and plans to invest in a fund made up of 60% stocks and 40% bonds. (a) How much money must be invested each year? (b) If the employer does a 100% match of retirement savings up to 3% of the employee’s salary, how much money must each invest annually?