Mathematics, 22.09.2020 22:01 jlewis711777
Neil and Nancy are married with two children at home and a mortgage. Neil's net pay per year is $56,000 and Nancy doesn't have any income. Their mortgage payment of $1,500 includes insurance on their home. They have additional monthly expenses of $3,500. Neil contributes 10% of his earnings to a retirement fund and they have $16,000 in savings. There is a $500,000 life insurance policy on Neil but none on Nancy. As their financial advisor, what part of Neil and Nancy's financial plan would you encourage them to work on?
Answers: 2
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Answers: 1
Neil and Nancy are married with two children at home and a mortgage. Neil's net pay per year is $56,...
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