The adjusted expense method is used to estimate
A) pretax retirement income needs in future dollars by adjusting current expenses for changes expected in retirement.
B) after-tax retirement income needs in future dollars by adjusting current expenses for changes expected in retirement.
C) after-tax retirement income needs in current dollars by adjusting current expenses for changes expected in retirement.
D) after-tax retirement income needs in current dollars by multiplying current expenses by a factor of 70 to 80 percent.
Correct Answer:
Verified
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