Your role is as that of a retirement planner. Your objective is to help your clients organize themselves in order to do some financial planning. In the real world, you would do so with clear step by step communication. Details on their income, expenses, assets and liabilities are provided in appendices. Clearly state what assumptions you need to make to complete your assignment. Complete this assignment in parts per the requirements listed below. Part 1 (5 marks out of 25) a) Estimate the CPP benefits that Jamie and Janine will receive when they are 62, (calculate the ratio of earnings to YMPE) and the OAS benefits they will receive at age 65, in future dollars. Show your calculations and list any assumptions you are making. Hint: you will need to make an assumption on future salary increases. You will also need to use the historical YMPE/YBE figures to complete.
Retirement Planning Case Study F2021 Due DateGraded out of :Part 1Sunday October 17th, 20215Part 2Sunday November 21st, 20218Part 3Wednesday December 8th 202112 TOTAL25 Please submit each part of the assignment electronically to the appropriate drop-box on FOL by 11:59 pm on the due date. Late penalty is 20% per day. Part 1 and Part 2 of the assignment can … Read more