Page 177 - DMGT515_PERSONAL_FINANCIAL_PLANNING

Personal Financial Planning

Notes 9.9 Review Questions

1. What is retirement planning?
2. Describe the need and objectives of retirement planning.

3. Describe the process of retirement planning.
4. What are the various sources of income for retirement planning?
5. What are the various investment options available for retirement planning?
6. What is a retirement Planner? What is its use?
7. Explain the importance of inflation while deciding upon retirement planning investment
options. Explain using example.

Answers: Self Assessment

1. True 2. False
3. False 4. False

5. True 6. Compounding
7. length of time 8. income
9. whole life 10. investment

9.10 Further Readings

Books Cohen, Jerome, B.: Zinbarg, Edward D., and Zeikel, Arthur: Investment Analysis
and Portfolio Management, Homewood, Ill.: Richard D. Irwin, 2006.
Cottle, C.C., and Whitman, W.T.: Investment Timing: The Formula Plan Approach,
New York, McGraw Hill, 1953.

Craig, Malcolm: Investment to Survive to 80s: Inside Information for Businessmen and
Investments, Berkshire, Scope Books, 1980.
Curley, Anthony J. and Bear, Robert M.: Investment Analysis and Management, NY,
Harper & Row, 2003.
D. Ambrosio, Charles A.: Guide to Successful Investing, Englewood Cliffs, NJ
Prentice-Hall, 1970.

Online links http://www.fei.org/
http://www.investopedia.com/

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