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Kim and Louis, age 25 and 26 respectively, are newlyweds. They have been meeting with Richard, a CFP professional, to develop a financial plan. Through
- Kim and Louis, age 25 and 26 respectively, are newlyweds. They have been meeting with Richard, a CFP professional, to develop a financial plan. Through his analysis, Richard has recommended the couple purchase life insurance, invest systematically in a portfolio of mutual funds, and contribute 5% of Louis's income into his company's Section 401(k) plan. Both Kim and Louis agree with his recommendations. What should Richard do next?
- Provide the couple with the mutual fund prospectuses.
- Have the couple review the firm's engagement letter.
- Help the couple prioritize the recommended actions for implementation.
- Complete the life insurance applications.
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Applied Financial Macroeconomics And Investment Strategy
Authors: Robert T McGee
1st Edition
1137428394, 978-1137428394
