In addition to these monthly expenses, other future outlays must be accounted for. Before they had a child, Patrick worked as a real estate agent, but his knowledge and skills are now somewhat outdated. Therefore, they include $30,000 for Patrick to go back to school. Additionally, Stasia and Patrick want to create a college fund of $35,000 to fund their child's college education. They estimate that final expenses (funeral costs and estate taxes) will amount to $12,000. Finally, they have taken out a loan for a business venture of $40,000 and an automobile loan of $3,000. Because the Strongs are renters, they have no outstanding mortgage. Using this information, complete the next portion of Step 1 to determine the total financial resources needed. 2. Special needs True or False: Patrick's annual Social Security benefit should be accounted for in the remaining portion of the form. True False