Question
Jack is getting ready to retire. He has a salary of $100,000 and is saving 13.5% annually in his 401(k) plan and he just made
Jack is getting ready to retire. He has a salary of $100,000 and is saving 13.5% annually in his 401(k) plan and he just made his last principal and interest monthly payment on his mortgage of $1,600. His home is now debt free. What would you recommend regarding a wage replacement ratio, assuming he wants to maintain his lifestyle?
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
