Required savings

[mactoolsix]

How much savings will be required?
Annual withdrawal = $250,000
Compound rate of return = 4%
Time = 30 years

I tried = FV(0.04/12,30,-250000,0) but it returns 7.8Mil which doesn't appear to be correct.

 

[joeu2004]

=PV(4%,30,-250000)

The answer is about 4,323,008.33.