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Marco, age 4 7 , currently earns $ 7 1 , 9 1 5 . His wage replacement ratio is determined to be 8 6

Marco, age $47,$ currently earns $ $71, 915 .$ His wage replacement ratio is determined to be $86$ percent. His Social Security benefit is assumed to be $ $20, 768 .$ What amount would he need for retirement in TODAY's DOLLARS? $($ Round your answer to $2$ decimal places $) .$

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Marco, age 4 7 , currently earns $ 7 1 , 9 1 5 . His wage replacement ratio is determined to be 8 6

Marco, age 47, currently earns $71,915. His wage replacement ratio is determined to be 86 percent. His Social Security benefit is assumed to be $20,768. What amount would he need for retirement in TODAY's DOLLARS? (Round your answer to 2 decimal places).

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Marco, age $47,$ currently earns $ $71, 915 .$ His wage replacement ratio is determined to be $86$ percent. His Social Security benefit is assumed to be $ $20, 768 .$ What amount would he need for retirement in TODAY's DOLLARS? $($ Round your answer to $2$ decimal places $) .$