1. Read “The Case of Buried in Debt-The Sam and Sara Knight Story”

Make an initial financial plan based on that case study only. Include specific financial goals and make sure your list is complete.

2. Calculation of CPP and OAS. You did to calculate the CPP benefit for Sam and Sara at retirement. For example: The case states that Sam qualified for $ 4,980 as of the end of December last year, and it assumes that he will accumulate maximum CPP benefits up to retirement. Use time value of money + inflation to calculate the future value of the CPP benefit. Do the same for Sara.

3. Provide specific recommendations for an education plan for Aaron and Philip. Some type of a table would be helpful. Try to figure out the specific education financial goal. Then make specific recommendations to help the client meet their

4. Provide recommendations for a financial security plan for Philip. Talk about what is an RDSPs and what are the major benefits. Figure out the specific goal and make specific recommendations to achieve these goals.

5. Plan for the remainder of the Report. I want you to think about the final financial plan. Tell me what other sections you need to complete for the final plan. One or two paragraphs are required to explain what you will talk about. No need for solutions or recommendations for these sections.

6. Do not repeat yourself. Do say too much or too little. Make your report interesting and readable.

7. Review your report for grammar and spelling before you hand it in?

Answer rating: 100% (QA)

Financial Plan Report The Case of Buried in DebtThe Sam and Sara Knight Story Overview of the Case Study The story revolves around Sams Family which is comprised of his wife Sara remarried after thede... View the full answer