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Which of the following statements regarding planning for a job loss or job change is NOT correct? In a poor labor market, it will take
- Which of the following statements regarding planning for a job loss or job change is NOT correct?
- In a poor labor market, it will take longer on average to find a replacement job than for a similar job in a vibrant labor market.
- A general rule of thumb is that clients should have an emergency fund equal to 3 to 6 months of nondiscretionary monthly cash flows.
- Cash flow planning is of little importance when planning for a job change or job loss.
- Health insurance becomes a major issue for the unemployed.
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