Finance School of management Omar's Problem Dr. Omar has just graduated from medical school at age 30 and has started training to be a surgeon His real salary for the next five years will be $25,000 per year. After completing his residency Omar expects to earn $300,000 per year in real terms until he retires at age 65. assume that the real interest rate is 3 If he wants to maintain the same level of consumption until his life expectancy 85 years old, should omar allocate his wealth? uesTc 1010 Finance School of Management Omar’s Problem u Dr. Omar has just graduated from medical school at age 30 and has started training to be a surgeon. u His real salary for the next five years will be $25,000 per year. After completing his residency, Omar expects to earn $300,000 per year in real terms until he retires at age 65. Assume that the real interest rate is 3%. u If he wants to maintain the same level of consumption until his life expectancy 85 years old, should Omar allocate his wealth?