Took 2016 exam this morning and did really poorly (45%) then realised that Kaplan has a section on what questions are still relevant to the current curriculum (should be in “Study Tools” > “Resource Lib” > “Relevant exam questions.”
For 2016 it turns out that there are 78 marks that are no longer relevant (which gave me a bit of hope given that it pushed my score up to 66%.
My question was more how accurate is this relevancy section?. For example it says question 6C is irrelevant:
Five years later, the Mattisons purchase their second home for EUR 1,100,000 using a combination of cash from their investment account and a mortgage. Following the purchase, their joint investment account is valued at EUR 700,000. Their income is unchanged and sufficient to cover the monthly mortgage payments, but they can now contribute only
EUR 72,000 each year to their joint investment account, in equal monthly installments.
Greer estimates that, including the sale proceeds from their first home, the Mattisons will need EUR 3,000,000 upon retirement in 10 years to adequately supplement Paul’s pension and preserve their current lifestyle. The first home’s value is EUR 290,000, still with no debt, and is expected to appreciate by 3% per year. There are no capital gains taxes on home sales.
*Calculate the minimum annual after-tax return required for the Mattisons to be able to retire in 10 years, assuming Greer’s assumptions are correct. *
Note: Assume all cash flows occur at month-end.
This seems like something that is still relevant in the current curriculum?
In addition the video tutorials and the relevancy are completely inconsistent. Eg in 2016 Question 8 is deemed not relevant in the PDF yet the video remains with no footnote. Question2 two on the other hand no longer has a video tutorial as it is deemed irrelevant, except in the PDF it says Part c is relevant?
Its a complete nightmare? What questions are actually relevant on the past mocks?!
