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Need an argumentative essay on Practicing financial planning (easy). Needs to be 3 pages. Please no plagiarism.Regarding the matter of income, their projections is to stay in their current salaried em
Need an argumentative essay on Practicing financial planning (easy). Needs to be 3 pages. Please no plagiarism.
Regarding the matter of income, their projections is to stay in their current salaried employment until the age of retirement. They expect their savings to have risen significantly at the point in time of their retirement. At the moment, they do not seem to have any plans of starting any form of business. Their current levels of income are sufficient to meet their needs and make plans for the future. However, the unpredictable nature of inflation often causes challenges in retirement planning (Carlson 41).
The clients do not have any pending matters regarding taxation. They do not foresee any challenges that arise from unresolved financial matters. They seem to be comfortable in servicing the school loan and car loan, which they quote at 100,000 dollars and 30,000 dollars respectively. On this note, it might be argued that some of the issues that connect to the matter of expenses might require both long-term and short-term approaches. The clients did not provide any information regarding their status of health. They did not disclose any information on whether they have any history of lifestyle diseases. Some of the issues that continue to engage the attention of the client is the manner in which they shall pull their resources together towards strengthening their financial base. On this note, they require the kind of planning that would harness their current strengths while exploring opportunities for improved financial
