5. Explain and discuss the types of protection you will need through life.
What insurances and other protection items should a person have at different times of their life. These may change during your lifetime so explain why they may change as well.
6. Explain how you will set up your retirement. How much will you need? Explain how time value of money concept will help you calculate this. What will be in your retirement plan. What are the different accounts you may receive money from?
Explain things like a 401k, IRA, Social Security, Pensions, Investment Accounts (Mutual Funds, Individual stock accounts, other types of investments)
7. Explain how you will plan out your estate for distribution upon your death?
What type of estate plan will you have? How will your assets be distributed? Will you have a trust or just a will or a combination of each. Explain the benefits/or disadvantages of doing it the way you choose.