Conduct a SWOT analysis for Grant and Julie. Be sure to explain fully the specific strengths and
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- Conduct a SWOT analysis for Grant and Julie. Be sure to explain fully the specific strengths and weaknesses and why these are categorized this way as well as the opportunities and threats you predict could show up in their financial planning/life journey.
- Currently, Julie is volunteering, but not working outside the home for pay. Discuss whether you see this as a strength or weakness for the family and be sure to offer clear reasoning for your answer.
- How do you see the Scotts being affected by inflation? How will their income needs and spending change over the next 12 years projected until retirement as a result of the projected CPI?
- Calculate the actual retirement income needed to keep the Scotts' on target with their goals? Do they currently make enough? Based on the expected changes in costs, will they be able to continue to meet their goals?
- What changes would you suggest for the Scotts' to make in order to ensure they reach their goals?
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