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EA Exam Old Retirement Design & Pricing Forum

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Old 08-30-2014, 05:19 PM
exam4 exam4 is offline
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Default Q173 - David's EA 2F 2014 Manual

I use the following formula calculating the expected liability

1) Retrospective method, [(a due @age 65 -1) * 1.06] * 6720 = 64,108.8, or
2) Prospective method, p65 * a due 66 = 64,108

What is wrong with my logic?

Thanks,
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Old 08-30-2014, 11:35 PM
exam4 exam4 is offline
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Never mind, I figure it out. The question is monthly payment, and my method above is assuming annual payment. Thanks,
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