The question/IPS never addressed his mother’s health care needs as part of the return requirement, so I included the following net of pension income:
(3500-1500)*12 = 24,000.
Added this to 50,400 in order to obtain 74,400 which equates to a 9.3 percent pre inflation and 10.3 percent post inflation.
The guideline answer did not seem to take this into account.
Any thoughts?作者: wilslm 时间: 2013-4-1 14:26
The first bullet says the IPS forgot to take into account Renee (his mom)作者: Palantir 时间: 2013-4-1 14:26
I know which part your talking about now…. part B where his circumstances change. I did find this vague myself, as it says “his total cash flow needs” change to 50,400 annually. I think the intention was saying “total cash flow” to include Renee. That combined with a bit of context (the fact that 24,000 to 50,400 just for himself didn’t seem really logical) I gathered what they were trying to do.
In any event, they should have been far more clear with regard to bifurcation of him versus his mother’s expenses, and i have run into *several* arbitrary bullshit issues like this, and it gets really frustrating.