Create a comprehensive personal financial plan based upon current and future financial needs. This plan must include the following:
•Life expectancy planning
•Survivorship needs
•Lifestyle considerations
•Final disposition of assets
•Contingency allowances
The plan should be organized in the following manner:
1.Current and future income needs
2.Debt acquisition and retirement
3.Acquisition and disposal of personal assets
4.Emergency cash funds
5.Investment plan
6.Retirement plan
7.Estate plan