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future outflows and the IPS confusion
There’s some confusion as to whether a future outflow that is NOT IMMEDIATE (college expense of $x in 10 years) is ever needed in the return requirement.
Is this true?
Refer to 2005 #9. The “In addition to normal living expenses, initial annual university costs are projected to be $38,000, rising 8 percent annually(which is in 6 years)” is not used anywhere except for a vague statement in the liquidity section.
Can someone confirm? |
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发表于 2013-4-8 16:40
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