NO.PZ202410180200002304
问题如下：
Identify and discuss two areas in which Cree needs to improve goal quantification.
选项：
解释：
Cree has neglected to quantify goals related to 1. His children's university expenses, and
2. The scope of the planned apartment building purchase. Given Cree's goal of funding university expenses for his three children beginning in 10 years, these amounts may compete for funds with his planned retirement in 17 years. By better quantifying amounts expected, McZhao can help determine whether the education-funding goal is consistent with the retirement-funding goal.
The apartment building purchase presents a short-term financial need in that Cree must budget for how much he is willing to spend on the building, and furthermore, the amount of future rental income that will be available from the purchased building (along with budgeted expenses to maintain the building). A specific plan will assist Cree in assessing whether the building purchase will be consistent with the longer-term goals of funding retirement and his children's education.
(1)He is also concerned about how increasing medical expenses might affect his portfolio’s ability to fund their retirement.So we need to quantify their medical expense.
(2)Cree wants to fund university expenses for his three children, with the first payment starting in 10 years and continuing for 12–15 years.So we need to figure out his childern education fee.
