CASE STUDY: Brian is a 22-year old university graduate having just secured a government job earning $50,000/year. He does not percieve there to be much risk to him keeping the job long into the future. In trying to make some decisions around his financial future he deliberates the following:

1) a) What economic factor outside of Brian's control would have the biggest iimpact on his future pension value?

b) Would Brian's future pension be enough to replace his current income using the 70% rule, taking into account a 2% inflation rate? 3%? Explain your rationale in both cases