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Janet, age 4 0 , earns $ 9 5 , 0 0 0 annually; her wage replacement ratio has been determined to be 7 0
Janet, age earns $ annually; her wage replacement ratio has been determined to be She expects inflation will average over her entire life expectancy. She expects to work until and live until She anticipates a return on her investments. Allison does not expect to receive any Social Security retirement benefits. Calculate Allisons capital needed at retirement age
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