I accepted my first job with a $48000 salary, and is already looking forward to retirement in 40 years. I need 90 percent of my current net income (in today's dollars) each year to live after retirement. My expected tax rate after retirement is 25 percent. The inflation is expected to be 4% annually. What is my before-tax annual income I need for retirement in the retirement year's dollars (i.e. , 40 years from now. Please keep zero decimal place)?

I accepted my first job with a $48000 salary, and is already looking forward to retirement in 40 years. I need 90 percent of my current net income (in today's dollars) each year to live after retirement. My expected tax rate after retirement is 25 percent. The inflation is expected to be 4% annually. What is my before-tax annual income I need for retirement in the retirement year's dollars (i.e., 40 years from now. Please keep zero decimal place)? Your