Week 1 Discussion 3 FP101

Week 1 Discussion 3 FP101 - success. Life insurance,...

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There are four steps to the comprehensive financial plan. Rent and food fall under the second step of the financial plan. The second step is to secure your basic needs. The basic needs listed in step two are to meet your consumption and housing needs, save up money for financial emergencies, protect your assets with insurance, establish a career path, and make educated employee benefits decisions. These needs are important because they help us out a lot in determining our path to financial
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Unformatted text preview: success. Life insurance, long-term care insurance, and estate planning fall under the fourth step of the financial plan. The fourth step is to protect wealth and dependents. The plan in this step is to protect elements of life insurance, long term care insurance, and estate planning. With life insurance, long term care insurance, and estate planning you will be able to provide a safe guard for yourself and family members in case of your absence....
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