QUESTION 29 Brent and Sharon want to retire in 15 years and want to make sure they are on track for a comfortable lifestyle. They currently make $140,000 per year in gross income. They pay FICA (payroll) taxes of $10,600; a monthly mortgage payment of $950 per month and will be paid off in 10 more years. They eat lunch out at work often which runs $1,300 per year. They currently save $12,000 per year. Brent has a defined benefit pension plan at work that will pay him $2,000 (in today's dollars) each month and adjusts for inflation each year. Step 1: What is their current annual wage replacement need for retirement in today's dolars? a. $116, 100 b. 580,700 c. $104,700 d. Some other amount. e. 592.700