Placing Exact Estimates on the Cost of Long-Term Goals Is

question 64

True/False

Placing exact estimates on the cost of long-term goals is necessary for a financial plan to be successful.

---

Definitions:

Home Hospice Care

Supportive care provided in the home for patients in the final phase of a terminal illness, focusing on comfort and quality of life rather than cure.

Caregiver Support

Assistance and resources provided to individuals who care for the sick, elderly, or disabled, helping them manage their duties and stress.

Primary Caregiver

An individual, often a family member or paid helper, who regularly looks after a child, elderly person, or someone with chronic illness or disability.

Situational Loss

A type of grief or emotional turmoil experienced as a result of a specific event, such as losing a job or a relationship ending.