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What do expect sophia wage replacement ratio

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Problem1 : Sophia, who is not married, has been employed by Phone Services, Inc. for 13 years, and currently earns $135,000 per year. She saves $20,000 per year and plans to pay off her home at retirement and live debt free. She currently spends $12,000 per year on her mortgage. What do you expect Sophia's wage replacement ratio to be based on the above information?

Reference no: EM132984071

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