You look over your retirement plan in 2018 and realize that…

You look over your retirement plan in 2018 and realize that if you follow it perfectly, you will have $900,000 in your Roth IRA in 2063, the year of your retirement. If inflation averages 1.0% annually over the next 45 years, what will be the 2018-based value of your retirement funds in 2063? 

Tom and Penny decide to do an experiment. Instead of grocery…

Tom and Penny decide to do an experiment. Instead of grocery shopping haphazardly once each week, they spend an hour every other week planning their meal menus, couponing, and ad-matching before heading to the grocery store. They quickly realize that doing this saves their family of five about $15 each bi-weekly trip. What are their nominal savings (without interest) per year?