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(a) Imagine the life after retirement: Write down the estimated amount of monthly cash ows that can support you from age 50 to say age 90. In your estimation, you may consider about your desired retirement lifestyle, your family, your social circle, the future economic situation, the government policy changes etc. This exercise allows you to estimate what you need financially by taking into account the future uncertainties from all sources.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91941092

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