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Brockis 34 and would be to know how long his retirement might last given his current savings plan. He currently makes $75.000 annually saves $6.000,
Brockis 34 and would be to know how long his retirement might last given his current savings plan. He currently makes $75.000 annually saves $6.000, annually and plans to retire at 65. Inflation is expected to be 3 percent and his investments are projected to earn 7.5 percent. He has also saved 5175.000. Assure he would like to retire with an 80 percent wage replacement ratio This is a part question Part 1 What is the annual amount he would like in retirement? (Hint: the "Retirement Payment Please enter your answer in dollars and cents in the following form. Three dollars and seventy five cents ($3.75) should be entered as 75. Please do not include the "sign
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