You are required to write a personal financial planning case study of a selected individual and he/she must be above 30 years of age. Preparation of a Financial Plan Financial plans play essential role for individuals to maintain discipline and provide information pertaining to the progress of ones achievement of his goals. This assignment is designed to provide you with some practical aspects of developing financial plans by taking into consideration the first three (3) steps of the Financial Planning Process (Keown, 2014). This would include evaluation of the individual financial health (including the risk profile assessment), defining the financial goals and development of a plan of action. The following are required to be part of your case study assignment. a) Risk profile assessment Demographics Current income Personal commitments Financial goals Any relevant issues related to building a proper risk profile Determine the risk profile of your respondent. Discuss three (3) main points of the final risk profile assessment of the selected individual. (1000 Words) b) FinancialGoal Summarize the financial goals of the selected individual in the table below. There should at least be one short-term, one medium term and one long-term goal respectively. The example of a summary table is as follows: Goal Horizon Target years Amount (RM) Emergency funds Short Term (2022 to 2023) XXXX 1 year You are required to use the SMART concept specifically to each of the above financial goal. Provide a short write up to explain to explain each of the plans mentioned above. c) Investment Planning (1700 Words) Using the principles that you have learnt and the risk profile in (a), suggest three (3) actual investment products that would form the portfolio to achieve the medium-term and long- term goals respectively. Provide details and justifications for each of medium-term and long-term investment strategies above. Provide at least three (3) reasons to support each of the strategies you have suggested. Risk assessment of the financial plan. Support your answers with relevant calculations Cash Budget, Balance Sheet, and Cashflow Statement. d) Presentationofyourplan Ensure that your report is: typed using Arial 12 point or Times New Roman 12-point type font with 1.5 spacing. Professionally presented with proper meaningful headings and sub-headings. Relevant appendices attached and properly labeled within the main text. Appendices that are not referred to in the main text will not be read as part of the assignment. Appendices should be labeled sequentially in accordance with the progression of discussion within the text. Appendices and tables must be used sparingly and legible at least 10-point font. (1300 words) `3 Adheres to the Harvard Referencing System A hardcopy of the assignment must be submitted before the due date and the Similarity Index Report must be attached and submitted together with the hard copy of the report. High similarity cases (above 15%) that indicate characteristics of plagiarism/collusion may be referred to the Academic Integrity Committee and will be penalized. e) PowerPoint presentation Source: Kapoor, J.R., Diabay, L.R., Hughes, R.J. (2016), Focus on Personal Finance, 6th Ed, McGraw- Hill /Irwin (International Edition).