While meeting with your new client about his retirement needs you have made several assumptions regarding income

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While meeting with your new client about his retirement needs you have made several assumptions regarding income growth, savings rate, inflation rates, and investment returns. You engage in the process of changing some of the key assumptions to determine the overall impact of those changes on the financial plan. What is this process called?

a. Sensitivity Analysis.

b. Objectivity Analysis.

c. Monte Carlo Analysis.

d. Las Vegas Analysis.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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