Assignment:
Section: Explain the assumptions you are making about the strategy.
Explain to Sandy the assumptions you have made regarding the position this strategy will put him/her in at retirement: timeframe, investment returns, etc.
Cover the following:
1. Explain the assumptions you are making about the strategy with regard to projections.
(a) What rate of return did you use and why?
(b) What timeframe have you assumed for the investment to be in place?
(c) Get the client to confirm they understand.