Question

Noelle reminds Eugene that, as an early career professional, he's only making a fraction of the average American household income. She recommends Eugene calculate what his monthly pension.

a) Yes
b) No
c) Maybe
d) Not applicable

Answer 1

To calculate Eugene's monthly pension, he needs to have information about his current income, retirement savings, and expected retirement age. Retirement calculators or consulting with a financial advisor can help Eugene determine his pension.

Step-by-step explanation:

In order to calculate Eugene's monthly pension, he needs to have information about his current income, retirement savings, and expected retirement age. Once he has this information, he can use various financial planning tools and formulas to estimate his monthly pension amount. Retirement calculators or consulting with a financial advisor can help Eugene determine his pension.