When performing retirement needs calculations,to what is the cash shortfall equal?
A)Current yearly cash inflows minus cash outflows
B)Current yearly cash outflows minus cash inflows
C)Current yearly cash inflows minus cash outflows,brought forward to the beginning of the payout period
D)Current yearly cash outflows minus cash inflows,brought forward to the beginning of the payout period
E)None of the above

Question

Quizplus · Accepted Answer

Cash shortfall is the difference between current yearly cash inflows and cash outflows.

When Performing Retirement Needs Calculations,to What Is the Cash Shortfall