a client is concerned about the impact that inflation will have on her retirement income. the client currently earns 40,000 a year. assuming that inflation acerages 2.25% for the first 5 years, 2.5% for the next five years and 3.25% for the remaining time until retirement. what amount must her first year retirement income be when she retires 13 years from now if she wants it to equal the purchasing power of her current earning ?

Achent is concerned about the impact that inflation will have og her retirement income. The client rently came 540.000 per year Asing the batter for the first fine years, 2.5% for the next five years and 3.25% for the remaining time until retirement What amous must her first-year retirement ince be when she retirer 13 years from wife qual the purchasing power of ler cent earnings? $53.800 555.675 O $52.892 554999