The replacement ratio method for estimating retirement expenses assumes retirement expenses will often be _____ percent of preretirement expenses.

Question

Quizplus · Accepted Answer

The replacement ratio method typically assumes that retirement expenses will be 70 to 80 percent of preretirement expenses, as retirees often have lower expenses due to changes in lifestyle and reduced work-related costs.

The Replacement Ratio Method for Estimating Retirement Expenses Assumes Retirement