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Your clients, George and Jane Jetson, have come to you for assistance with their financial plan. They provide you with the following information: George (age 44)
Jane (age 44)
Family
Expectations
Additional Information about the JetsonsCurrent net worth is $1,072,000Liabilities
Cumulative living expenses (food, utilities, fuel, clothing, etc.): $1,700/monthEffective income tax rate is 18% Assets
Problem 1: Using the Capital Preservation Method, calculate how much capital the couple needs to retire at their goal ages using only retirement account assets.
Problem 2: Using the Purchasing Power Preservation Method, calculate how much capital the couple needs to retire at their goal ages using only retirement account assets.
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