A Mathematical Model for Optimal & Balanced Financial Plans and Its Application
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A Mathematical Model for Optimal & Balanced Financial Plans and Its Application in Life Insurance Planning by David D. Hu Estimated delivery 3-12 business days Format Paperback Condition Brand New Description The mathematics behind developing financial plans is nothing more than simple linear algebra. With a properly structured linear algebra model, for each set of input, there is a unique corresponding financial plan. A Planner and the Client can only modify the input to change a plan with the same goals. Planners nor Clients can just "modify a plan" by changing resource allocation directly.Goal-based planning views financial plans as combination of goals. Goal-planning treats each goal as a single variable algebra problem. Financial planning including retirement planning is at least a 2-variable algebra problem. -A 2-variable algebra problem cannot be solved by combining 2 single variable solutions. -In addition, Goal-based planning does not lead to meaningful life insurance planning.-Current course of action concept is a life insurance sales concept. Current course of action does not lead to mathematically sound financial plans. -If a person is already behind in retirement savings, the situation for most people, continuing the same will not lead to retirement solutions. -If the person is not behind in retirement saving, continuing the same will not lead to Optimal plans, as explained in the book. The life insurance plan for income replacement for both situations are also likely to be mathematically incorrect.Together, the foundation for the CFP(R) Board Practice Standards for the Financial Planning Process is mathematically deficient, and thus, the Practice Standards is mathematically deficient.Immediate remedy is critical for the CFP(R) Board to "uphold" its high professional standards. Details ISBN 1695433149 ISBN-13 9781695433144 Title A Mathematical Model for Optimal & Balanced Financial Plans and Its Application in Life Insurance Planning Author David D. Hu Format Paperback Year 2019 Pages 192 Publisher Independently Published GE_Item_ID:128026454; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
