This course provides a guideline for completing a financial plan from beginning to end for a client utilizing the client’s goals, time horizon, risk tolerance and investment knowledge. Students are given instruction on completion of all elements of the financial plan and the accompanying calculations required. Plan elements discussed include the planning process itself, goal setting, analysis of the client’s current situation, allocation of income to goal savings, efficient use of credit and debt, inclusion of investments into the plan, life, disability and critical illness insurance planning along with needs calculations, taxation issues, retirement planning and the accompanying needs analysis and calculations, education savings planning and calculations, and estate planning.
Prerequisites: