Examples of assumptions that are often required to be made by the financial planner in the preparation of a SOA include those relating to:

Question

Quizplus · Accepted Answer

Assumptions often required to be made by a financial planner in the preparation of a SOA include those relating to tax rates and the age of the client (both current age and retirement age). These assumptions are necessary to estimate future income and tax liabilities, as well as investment performance, which are critical elements for effective financial planning.

Examples of Assumptions That Are Often Required to Be Made