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Exam (elaborations)
Probabilistic survey questions and incorrect answers: Retirement income replacement rates
Question 1. At what age do you think you can retire at the earliest, following your employer’s pension scheme? 
The answer to this question, say, age Y, is used in the subsequent question: 
Question 2. If you would retire at age Y, please think about your total net pension income, including social security, compared 
to your current total net wage or salary. What do you think is the probability that the purchasing power of your total net pension 
income in the year following your retirement wi...