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Question
Submitted by sweetapples21 on Sat, 2012-08-11 09:30
due on Wed, 2012-08-15 09:29
answered 1 time(s)
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Need help with my financial Concept

  Phase 5 Individual Project
Deliverable Length: 2–3 pages
Details:

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

Create a comprehensive personal financial plan based upon current and future financial needs. This plan must include the following:

  • Life expectancy planning
  • Survivorship needs
  • Lifestyle considerations
  • Final disposition of assets
  • Contingency allowances

The plan should be organized in the following manner:

  1. Current and future income needs
  2. Debt acquisition and retirement
  3. Acquisition and disposal of personal assets
  4. Emergency cash funds
  5. Investment plan
  6. Retirement plan
  7. Estate plan
  8. Tax Plan
Answer
Submitted by marcuz on Sat, 2012-08-11 17:47
teacher rated 67 times
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Need help with my financial Concept

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Running head: PERSONAL FINANCIAL xxxx � PAGE \* MERGEFORMAT xxxxxxxxxxxxxxxxx xxxxxxxxx PLAN xxx PAGE xx xxxxxxxxxxx �2�

Personal Financial xxxx

xxxxx

Institution

Course

Tutor

Date

Personal xxxxxxxxx xxxx

The survivorship xxxxx will xxxxxxx xxxx xx xx xxxxxxx xxx xxxxxx income xxxxx xxx xxxxxx my xxxxxxxx xx a xxxxxxxxxx xxxx The xxxxxxxx xxxxx xxxx a xxxx impact xx xx xxxxxxx xxx xxxxxx needs, and x will xxxxxxxxx have to give xxxxx xxxxx x xxxxx priority to xxxxxxxxx xxxx x do xxx have any problems xx xxx future. xxxxxxxx food, xxxxxxxx xxx other xxxxxxxxxxx xxxx account for approximately xxx xx my annual expenditure. I believe that saving is x major xxxxxxxxx of my xxxxxxxxx considerations. xxx xx xxx the money xxxx I xxxx xxxxx x xxxx to save x substantial xxxxxxx probably 20% of xx net income, so xxxx x can xxx xxxx xxxxx xx emergency cases. This xxxx also xxxxxxxxxx xx current xxx xxxxxx financial xxxxxx The savings xxxx also cater xxx my lifestyle considerations xxxx xx xxxxxxxxxxxxxx xxxxxxxxx and xxxx to settle other unforeseen xxxxxxxx xxxxx my retirement

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