post-employment income capital, whether, include, income

NakedPuts

is it just me, or does the curriculum flip back and forth with regards to whether or not to include pension income as human capital?

can anyone clarify for me?

ohai

What parts of curriculum that are unclear about HC are you are referring to?



Edited 1 time(s). Last edit at Monday, April 25, 2011 at 11:38AM by mik82.

mik82

I agree there is a bit of an ambiguity here but I think I will take my chances that it remains Human Capital through your lifetime - except I know if have seen verbiage suggesting human capital is nil upon retirement - just another one of those ludicrous precepts that we must weather (the idea that your guaranteed retirement fund (annuity) more closely resembles human capital at the point of retirement rather than the financial asset it really is!

Roflnadal

Exactly, JohnyMac. Mik82, I tried to find the parts in the curriculum, but my eyes were burning, and I started to care less and less by the second.

Looking forward to putting this exam behind me. All the best.

lcai

even once you are retired?

skycfa

It should be included. PV of future labor income so is part of HC.