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Jennings, Penelope R.; Jennings, William P.; Phillips, G. Michael – American Journal of Business Education, 2016
While financial planning students are expected to be able to understand client retirement plans, subtle differences in cost-of-living adjustments can have major impact on the success of client retirement plans. This teaching note compares the cost-of-living adjustments in the largest government sponsored retirement systems and a hypothetical…
Descriptors: Retirement Benefits, Preretirement Education, Monte Carlo Methods, Case Method (Teaching Technique)