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Marco, age 45 , currently earns $60,470. His wage replacement ratio is determined to be 85 percent. His Social Security benefit is assumed to be

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Marco, age 45 , currently earns $60,470. His wage replacement ratio is determined to be 85 percent. His Social Security benefit is assumed to be $17,336. What amount would he need for retirement in TODAY's DOLLARS? (Round your answer to 2 decimal places)

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