Egbert Martin wants to retire in 15 years when he turns 65. Martin wants to have enough money to replace 75% of his current income less what he expects to receive from Social Security at the beginning of each year. He expects to receive $20,000 per year from Social Security in today's dollars. Martin is conservative and wants to assume a 6% annual investment rate of return and assumes that inflation will be 4% per year. Based on his family history, Martin 2) 3) 4) 5) 6) 7) 1 expects that he will live to be 95 years old. If Martin currently earns $100,000 per year and he expects his raises to equal the inflation rate, approximately how much does he need at retirement to fulfill his retirement goals? a) $1,268,887. b) $1,445,239 c) $2,242,055. d) $2,262,780 e) $3,057,348.