Abstract

In this chapter we present a financial planning model including multiple goals, and we show hew a financial plan might be selected by using IMGP. The financial planning model has been constructed so as to demonstrate the potential of IMGP with respect to the technical problems discussed in Chapter 8. At the same time, we have tried to include some features of financial planning, which are in practice rather usual. Nevertheless, the resulting model — as is probably the case for all financial planning models described in the literature — can be no more than an example, and certainly does not claim to be applicable to all financial planning problems. Every financial planning problem in reality has its own peculiarities. The purpose of this chapter is to shew how IMGP might help to cope with some of those peculiarities occurring frequently.

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