Am I right that if not otherwise stated we always address in Return objective and Liquidity constraint only the first period of time horizon ? Reading 15 11a- Return requirement for after retirement period in CFA answers is unnecessary ? Liquidity requirement - Could we omit liquidity requirements for the period after their child received education ? If we try to address all the period our answers’ll be too long…
nope, check CFAI example where couple sends a kid to college (Schweser states that we should)
yes, it’s exactly Q11 A. As for liquidity I can believe CFA could expect a few words on different stages of time forizon. But to address all stages for Return Requirement it’s unlikely