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anvas f1 x o/0/0 Q 1 Question 27 Lori, a self-employed pediatrician, currently earns $200,000 annually. Lori has been able to save 15% of her
anvas f1 x o/0/0 Q 1 Question 27 Lori, a self-employed pediatrician, currently earns $200,000 annually. Lori has been able to save 15% of her annual Schedule C net income. Assume that Lori paid $19,000 in social security taxes, and that she plans to pay off her mor at retirement, thereby relieving her of her only debt. Lori presently pays $4,333.33 per month toward the mortgage. Based on the information provided herein, what do you expect Lori's wage replacement ratio to be at retirement? O 41.0%. O 49.5%. O 59.0%. O 67.0%. Question 28 Steven, age 43, earns $80,000 annually; and his wage replacement ratio has been determined to be 80%. He expe inflation will average 3% for his entire life expectancy. He expects to work until 68, and live until 90. He anticipat 7% return on his investments. Additionally, Social Security Administration has notified him that his annual retirem benefit, in today's dollars will be $26,000. Using the capital preservation model, calculate how much capital Steve needs, in order to re
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