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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.
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?
Sensitivity Analysis.
Objectivity Analysis.
Monte Carlo Analysis.
Las Vegas Analysis.
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