Business, 20.12.2019 03:31, Emmarazek

Stacy, a self-employed accountant, currently earns $100,000 annually. stacy has been able to save 18% of her annual schedule c net income. assume that stacy paid $11,000 in social security taxes, and that she plans to pay off her mortgage at retirement, thereby relieving her of her only debt. stacy presently pays $1,500 per month toward the mortgage. based on the information provided herein, what do you expect stacy’s wage replacement ratio to be at retirement?

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Stacy, a self-employed accountant, currently earns $100,000 annually. stacy has been able to save 18...