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6a. The definition of retirement planning include the following EXCEPT Select one: a. Immediate settlement of all liabilities b. Management of existing and future financial
6a. The definition of retirement planning include the following EXCEPT Select one: a. Immediate settlement of all liabilities b. Management of existing and future financial resources C. Management of expenses d. Aim to provide future income both for the retiree and its dependents 6b. Which of the following statement(s) is NOT the objective(s) of risk profiling by using a questionnaire? Select one: a. Help the client to settle all his liabilities b. Help place the client's personality in an identifiable category c. Help determine whether the client is a passive or active investor d. As an indication of general preference and inclination towards investment risk 6c. The process of retirement planning would generally DO NOT involve Select one: a. planning to maintain current lifestyle and providing cost of sating physically healthy after retirement b. concentrating on maximizing returns from corpus after retirement to leave a sizable estate. C. projecting individual needs and goals into the future and making sound financial plan. d. making plan for covering lifelong living expenses & disposition of assets at death. 6d. Which of the following factor is NOT needed for the purpose of computing required retirement capital under capital conservation? Select one: a. Inflation rate b. Number of years in retirement phase C. Rate of return in the retirement account
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