This part of the personal financial planning project is where you put everything together. In this part you construct your personal financial plan. Specifically address the following required elements:

• personal financial analysis of your situation, which includes personal financial statements (these can be the ones you submitted in Part I, updated).
• Use working knowledge of personal finance to construct a financial plan considering life-stage adjustments.
• Use technology to help establish a personal financial plan (describe what you used, why and how helpful it was, importance of protecting personal financial information).
• Examine financial resources to help you make financial decisions (explain your steps and what you examined).
• Identify your short-, intermediate-, and long-term financial goals.
• Explain your personal risk tolerance and how that impacts your financial plan.
• Explain your time horizon and how that impacts your financial plan.
• Construct a retirement plan as part of your personal financial plan (explain how time value of money impacts this part of the plan).
• Situations in our lives change all the time and our financial plan must adapt with us: requirements for items like insurance, retirement funds, credit management, taxes, and saving/investing; therefore, our financial plan needs to adjust through these changes.Assume you are ten years away from retirement. What would your financial plan look like?What adjustments do you need to consider between now and full retirement age?Once you are retired and living on a fixed income, what adjustments will you have to make at that time? From where you are at this point in your life, how long can your funds last? Explain.