Question: Ignoring his Social Security benefit, is the amount deter- mined in question 1 sufficient to meet his current monthly expenses (keep in mind he will

Ignoring his Social Security benefit, is the amount deter- mined in question 1 sufficient to meet his current monthly expenses (keep in mind he will receive a pension of $2,800 per month)? If not, how long will his retirement last if his current expenses remain the same? What if his expenses are reduced to $4,500 per month?

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