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What is the most important part of the project plan?
Suitability
The requirement that investment choices made by a financial advisor or broker must be appropriate for the client, taking into consideration the client's financial situation, objectives, and risk tolerance.
Variable Annuity
An insurance product with an investment component, where payouts vary based on the performance of the selected investments.
Life Expectancy
The average period that a person may expect to live, based on demographic factors and health conditions.
Target-date
Target-date refers to a specific point in time set as a goal or deadline for the achievement of an objective, commonly used in the context of retirement planning investments.
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