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Marco, age 41, currently earns $67,879. His wage replacement ratio is determined to be 85 percent. His Social Security benefit is assumed to be $20,927.

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Marco, age 41, currently earns $67,879. His wage replacement ratio is determined to be 85 percent. His Social Security benefit is assumed to be $20,927. What amount would he need for retirement in TODAY's DOLLARS? (Round your answer to 2 decimal places)

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