Marco, age 45, currently earns $60,470. His wage replacement ratio is determined to be 85 percent?His Social
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Marco, age 45, currently earns $60,470. His wage replacement ratio is determined to be 85 percent?His Social Security benefit is assumed to be $17,336. What amount would he need for retirement in TODAY's DOLLARS?
Expert Answer:
To determine the amount that Marco would need for retirement in todays dollars we need to c... View the full answer
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