Finance 35 questions | Accounting homework help
1. Erica wants to plan for her retirement. She is currently 35 years old and plans to retire at age 65 and live for another 30 years. Erica’s current salary is $100.000, but she thinks her wage replacement ratio will be 70% during retirement and that Social Security will provide $20,000 of income (annually) during retirement. She believes she can earn a 9% return […]