org.drip.portfolioconstruction.alm

Class ExpectedNonFinancialIncome

java.lang.Object

org.drip.portfolioconstruction.alm.ExpectedNonFinancialIncome

public class ExpectedNonFinancialIncome
extends java.lang.Object

ExpectedNonFinancialIncome holds the Parameters required for estimating the Investor's Non-Financial Income Profile.

Author:

Lakshmi Krishnamurthy

Constructor Summary

Constructors

Constructor and Description
ExpectedNonFinancialIncome(double dblIncomeReplacementRate) ExpectedNonFinancialIncome Constructor

Method Summary

Modifier and Type	Method and Description
double	incomeReplacementRate() Retrieve the Retirement Age Income Replacement Rate
double	rate(double dblAge, InvestorCliffSettings ics) Compute the Retirement Age Income Replacement Rate

Methods inherited from class java.lang.Object

equals, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Constructor Detail

ExpectedNonFinancialIncome

public ExpectedNonFinancialIncome(double dblIncomeReplacementRate)
                           throws java.lang.Exception

ExpectedNonFinancialIncome Constructor

Parameters:

dblIncomeReplacementRate - The Pension Based Income Replacement Rate

Throws:

java.lang.Exception - Thrown if the Inputs are Invalid

Method Detail

incomeReplacementRate

public double incomeReplacementRate()

Retrieve the Retirement Age Income Replacement Rate

Returns:

The Retirement Age Income Replacement Rate

rate

public double rate(double dblAge,
                   InvestorCliffSettings ics)
            throws java.lang.Exception

Compute the Retirement Age Income Replacement Rate

Parameters:

dblAge - The Age whose Investment Phase is needed

ics - The Investor's Time Cliff Settings Instance

Returns:

The Retirement Age Income Replacement Rate

Throws:

java.lang.Exception - Thrown if the Retirement Age Income Replacement Rate cannot be computed