CFA备考-典型例题典型例题_QM-2017.pdfVIP

Quantitative Method 1. A 24 year old is using the following informationto plan her retirement: Current age 24 Expected retirement age 68 Life expectancy 93 Current annual expenditures $30,000 Expected inflation rate of Current expenditures until retirement 3% Expected return on investment 8% She assumes her consumption expenditures will increase with the rate of inflation, 3 percent, until she retires. Upon retiring she will