calculate the NPV and IRR and be able to apply the techniques to financial planning problems. You will also have a chance to discuss the relationship between time and money by making recommendations to meet your clients goals. Calculate the retirement planning capital need of your client. Note your assumptions and show all of your work The client is looking to retire in 20 years with a retirement income of $150,000 per year in today's dollars. Rate of return 9% and rate of inflation 4%