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.

Module = Portfolio Core Module
Library = Asset Liability Management Analytics
Project = Portfolio Construction under Allocation Constraints
Package = Sharpe-Tint Asset Liability Manager

Author:: Lakshmi Krishnamurthy

Constructor Summary

Constructors

Constructor Description

ExpectedNonFinancialIncome(double incomeReplacementRate)
ExpectedNonFinancialIncome Constructor

Method Summary

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

Methods inherited from class java.lang.Object

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

Constructor Details
- ExpectedNonFinancialIncome
  
  public ExpectedNonFinancialIncome(double incomeReplacementRate) throws java.lang.Exception
  
  ExpectedNonFinancialIncome Constructor
  
  Parameters:
  
  incomeReplacementRate - The Pension Based Income Replacement Rate
  
  Throws:
  
  java.lang.Exception - Thrown if the Inputs are Invalid
Method Details
- incomeReplacementRate
  
  public double incomeReplacementRate()
  
  Retrieve the Retirement Age Income Replacement Rate
  
  Returns:
  
  The Retirement Age Income Replacement Rate
- rate
  
  public double rate(double age, InvestorCliffSettings investorCliffSettings) throws java.lang.Exception
  
  Compute the Retirement Age Income Replacement Rate
  
  Parameters:
  
  age - The Age whose Investment Phase is needed
  
  investorCliffSettings - 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