Typically the Financial Planner Will Need to Make a Number

question 22

Essay

Typically the financial planner will need to make a number of assumptions in the preparation of a comprehensive and detailed SOA. Provide details as to some of the assumptions used by the financial planner including the basis for the relevant amounts.

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Definitions:

Coping With Stress

Strategies or mechanisms that individuals use to manage and mitigate the adverse effects of stress.

Secure Attachments

Emotional bonds characterized by a sense of safety, security, and trust, typically observed between caregivers and young children.

Full-Time Day Care

Child care service provided during daytime hours, typically for children of working parents, on a full-time basis.

Hostility

An emotion or behavior that is aggressive, unfriendly, or antagonistic towards others.