Enter the gross income after retirement ($) and the gross income before retirement ($) into the Wage Replacement Ratio Calculator. The calculator will evaluate and display the Wage Replacement Ratio.

## Wage Replacement Ratio Formula

The following formula is used to calculate the Wage Replacement Ratio.

**WPR = GIAR / GIBR *100**

- Where WPR is the Wage Replacement Ratio (%)
- GIAR is the gross income after retirement ($)
- GIBR is the gross income before retirement ($)

## How to Calculate Wage Replacement Ratio?

The following example problems outline how to calculate Wage Replacement Ratio.

Example Problem #1:

- First, determine the gross income after retirement ($).
- The gross income after retirement ($) is given as: 3,000.

- Next, determine the gross income before retirement ($).
- The gross income before retirement ($) is provided as: 4,000.

- Finally, calculate the Wage Replacement Ratio using the equation above:

WPR = GIAR / GIBR *100

The values given above are inserted into the equation below and the solution is calculated:

WPR = 3,000 / 4,000 *100 = 75.00 (%)

Example Problem #2:** **

For this problem, the variables required are provided below:

gross income after retirement ($) = 6,000

gross income before retirement ($) = 7,000

Test your knowledge using the equation and check your answer with the calculator above.

WPR = GIAR / GIBR *100** = ?**