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Daniel has estimated that he will need about $146850 in the first year of retirement (adjusted for inflation), but his wife is worried about being

Daniel has estimated that he will need about $146850 in the first year of retirement (adjusted for inflation), but his wife is worried about being taxed on this income. Assuming they will pay 28% average tax rate, how much do they need to generate in pretax income for their first years expenses?

A. $115455

B. $203958

C. $108534

D. $188098

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