Christian and Sarah both graduate from Wisconsin University and begin working as financial analysts. They will both work for exactly 40 years and then retire. Both plan to save for retirement, however each goes about it differently. Sarah begins saving $500 per month for eight years, beginning at the end of her first year on  the job. Christian wants to travel and buy nice furniture for his house and allows those eight years to pass before he begins saving for retirement (note: he begins saving at the end of the 9th year). He saves $500 per month (for 32 years) until he retires. How much will each have upon retirement, 40 years from  now, if they invest their savings in a mutual fund that pays 10% annual interest?