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Utilizing the top-down approach, an individual who earns $75,000 per year as an employee for golf enterprises, llc and saves $13,000 of his earnings per year towards retirement will have a wage replacement
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Utilizing the top-down approach, an individual who earns $75,000 per year as an employee for golf enterprises, llc and saves $13,000 of his earnings per year towards retirement will have a wage replacement ratio equal to 82.67%.

User Arie
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The given wage replacement ratio is not correct.
Earnings = $75,000 per year that is 100%
Savings = $13,000 that will be 17.33%
Taxes = $5737 which is 7.65%
So the wage replacement ratio = 100 - 17.33 - 7.65 = 75.02 and the amount will be $56,265
User Levkaster
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