Crpc exam 1 2024 newest - Study guides, Class notes & Summaries

CRPC EXAM 1 2024 NEWEST ACTUAL EXAM QUESTIONS AND DETAILED CORRECT ANSWERS WITH RATIONALES ALREADY GRADED A+. Your client has asked you what sources exist for long-term care insurance. Which of the following are generally considered potential sources for the funds to cover at least some of the cost of long-term custodial care? - ANSWER- I. Medicaid II. health insurance III. Medicare IV. group long-term care insurance offered through employers -- I. III. IV These three are possibl...

Cindy wants to have an annual retirement income of $50,000 protected against 3% inflation. Assuming an 8% after-tax rate of return and a retirement period of 25 years, how much money does Cindy need in order to provide the inflation-protected $50,000 at the beginning of each retirement year? - ANSWER>>BEG Mode # of Periods (1 P/YR in this example