Retail IPS – Return objective calc

@adossa3 – I don’t think you should add excess salary to investible assets, unless explicitly said so (which is rare). Because they need liquidity as well and investments are usually long term.

I don’t follow your 2nd question, care to explain more?

Hi @adossa3 – before I answer, have you taken a look at CFA Level 3 topic picks section? I wrote some guides on IPS questions…

@adossa3: I do goof up at times at the return requirement part of the IPS…so if u figure out any standard rules do share them 😀