Business, 19.12.2019 04:31 lindsay1054
Allison, age 40, earns $95,000 annually; her wage replacement ratio has been determined to be 70%. she expects inflation will average 3% over her entire life expectancy. she expects to work until 67, and live until 95. she anticipates a 7.5% return on her investments. allison does not expect to receive any social security retirement benefits. what is the amount of allison’s first retirement distribution at age 67? question 3 options:
a. $110,825.08
b. $143,576.36
c. $147,715.72
d. $210,981.86
Answers: 3
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Allison, age 40, earns $95,000 annually; her wage replacement ratio has been determined to be 70%....
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