How Much is Enough: Assessing Personal Financial Planning Needs
3 Pages Posted: 9 Jun 2009
This case can be used as a capstone to a time-value-of-money instructional module or as part of a personal-finance module. The three scenarios present common situations encountered in estimating the amount of finances needed to provide an adequate standard of living in the event of retirement or the untimely death of the family wage earner.
Keywords: accounting methods, financial planning, net present value
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