Financial Planner

Category - Retirement Savings and Income Planning

What is a factor that you and the client CANNOT control?
  1. Age at retirement
  2. Returns on investments
  3. Inflation rates
  4. Income and expense needs
Explanation
Answer: C - You can work with the client to determine the best age at retirement. To a certain extent, you can also control the return on investment by choosing investments that perform to meet the client’s needs. You can also work with the client to realistically determine income and expense needs. However, you can never control inflation rates, as those are determined by the economy.
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