Health cost planning stages
Understand health risks and assess current health, consider hereditary factors, take the average of the preceding 3 to 5 years' health costs as a starting point, and inflate to retirement — remembering health inflation…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series XVII← All terms