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29 August, 11:06

Which one of the following would probably benefit the most from personal financial planning services?

Question 9 options:

A / Wealthy individuals who may face estate tax liabilities

B / Older persons nearing retirement and needing to know what their income will most likely be during retirement

C / People in high tax brackets looking for tax-advantaged investments

D / People of modest means who are least able to afford financial planning services

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Answers (1)
  1. 29 August, 12:54
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    The answer is B) Older persons nearing retirement and needing to know what their income will most likely be during retirement

    Option D, would be wrong since without the means to have a financial planning assistant would not really be able to achieve much aside from probably saving some more money.

    However, older people who are nearing retirement are probably at the top of their careers and have a lot of savings in cash, bongs, stocks and maybe even property.

    It is these kinds of people who can get maximum benefit from proper financial planning.
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