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Which of the following are correct statements about the capital utilization strategy? It produces an annual retirement income over a finite number of years. Assuming
Which of the following are correct statements about the capital utilization strategy? It produces an annual retirement income over a finite number of years. Assuming the yield remains the same, the larger the retirement income that is paid, the shorter the number of years over which it will be paid. When the capital utilization approach is used, the planner must be careful in making assumptions about the life expectancy of the client. The effect of taxes on retirement savings and distributions should be considered when the beforetax approach is used to calculate the future value of retirement assets.
Which of the following are correct statements about the capital utilization strategy?
It produces an annual retirement income over a finite number of years.
Assuming the yield remains the same, the larger the retirement income that is paid, the shorter the number of years over which it will be paid.
When the capital utilization approach is used, the planner must be careful in making assumptions about the life expectancy of the client.
The effect of taxes on retirement savings and distributions should be considered when the beforetax approach is used to calculate the future value of retirement assets.
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Principles Of Financial Modelling Model Design And Best Practices Using Excel And VBA
Authors: Michael Rees
1st Edition
111890401X, 978-1118904015
