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Bradford estimates that he will require $121,783 annually in retirement. If he expects Social Security to pay a benefit of $3,000 per month and he

Bradford estimates that he will require $121,783 annually in retirement. If he expects Social Security to pay a benefit of $3,000 per month and he anticipates receiving an annual benefit of $30,446 from his pension plan, what is the retirement income shortfall in the first year of retirement?

a. $121,783 $30,446 $3,000

b. $121,783 $30,446

c. $121,783 $30,446 $36,000

d. $121,783 $36,000

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