Business, 28.02.2020 00:44 jamaal97

Jon, age 48, earns $65,000 per year from his employer. Jon saves $15,000 per year for retirement and pays $12,000 per year for his home mortgage. Given this information and considering that Jon will have eliminated his mortgage debt before retirement, what is Jon's expected wage replacement ratio during retirement?

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Jon, age 48, earns $65,000 per year from his employer. Jon saves $15,000 per year for retirement and...

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