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P Flag question A successful business owner, Sam along with his wife and three children have the following in assets and liabilities: $250,000 RRSPs for

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P Flag question A successful business owner, Sam along with his wife and three children have the following in assets and liabilities: $250,000 RRSPs for Sam and Sam's wife has $100,000 in RRSPS: Corporate account jointly held worth $1,000,000 They are 43 years old and there children are 10,8 and 6 years old They own their home worth $450,000 and have a mortgage of $250,000. Use the six essential components of financial planning to provide sound financial advice to the clients. Comment

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