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Mathematics, 20.07.2021 05:00 mark177

Jason plans to retire in 15 years. His current household expenses are 98,000 per year he estimates that when he would tires, he will no longer have 4750 in monthly mortgage payment, 7300 in annual commuting expenses in 350,000 annual budget 401K Contributions. However, he does expect that his health care cost will rise by 6000 per year and he’s entertaining expenses to total $9150 each year. What will be his estimated retirement expenses, in total dollars, if using the adjusted expense message? answer options:

$4750
$61,150
$67,450
$13,850

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Answers: 2

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