100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
CRPC Module 1 Exam Questions And Answers Already Graded A+. $12.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. CRPC.
  4.  
  5. CRPC.

Exam (elaborations)

CRPC Module 1 Exam Questions And Answers Already Graded A+.
 2 views  0 purchase
  • Course
  • CRPC.
  • Institution
  • CRPC.

6 Steps of Retirement Planning Process - correct answer -Establish and define the client counselor relationship -Gather Client Data and Determine goals and expectations -Determine the Client's Financial status by analyzing and evaluating -Develop an...

[Show more]

Preview 1 out of 3  pages

Document information

  • August 10, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • CRPC.
  • CRPC.

Seller

avatar-seller
RealGrades

Reviews received

Content preview

CRPC Module 1

6 Steps of Retirement Planning Process - correct answer -Establish and define
the client counselor relationship

-Gather Client Data and Determine goals and expectations

-Determine the Client's Financial status by analyzing and evaluating

-Develop and Present the Plan

-Implement the Plan

-Monitor the Plan



Two Qualities of Retirement Goals - correct answer -the retirement goals
should be specific and prioritized

-should include an event, amount and or time



Three Components of a statement of financial position - correct answer -
Assets

-Liabilities

-Net Worth



The Cash Flow Statement - correct answer Cash inflows - Cash outflows = net
cash



Income replacement percentages - correct answer most american retirees
need 70 to 80% of pre-retirement income

only a rule of thumb



Expenses that decrease during retirement and increase - correct answer
Decrease - transportation cost, food and housing costs, term life insurance stop, dry cleaning bills,
professional fees, clothing

Increase - medical and dentals expenses, expenditures on hobbies, recreation and travel

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76799 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart