CASE STUDY 1
Your clients, Jerry and Jenny, are 25 years old. They have come to you for assistance with
planning for the cost their childs education and their retirement. They would like to know if they
are on track to reach these two goals. Belo
CASE STUDY 2
Your client, Steven, age 43, has come to you for assistance with retirement planning. He provides
you with the following facts.
He earns $80,000 annually.
His wage replacement ratio has been determined to be 80%.
He expects inflation
1. After the 15 year period a $3,000 deficit could have been worth $8,277.09. To get that answer I used
the formula FV=PV(1+i)^n.
FV is the future value,
PV is the present value of $3,000
I is the interest rate of .07%
n is the time of 15 years.