Jason wants to save enough to have a retirement income of $80,000 each year for 30 years. He makes $100,000 per year and his company matches 10% of his 401k. He wants to retire in 25 years and his annual return on his 401k for remainder of his employment is 6%; he will also earn 6% on his retirement money during his retirement years. What % of his income should he put in each year so that he meets his goal? Show work.