Life Planning has become a buzzword in the financial planning world. Using this strategy, the focus becomes the individual rather than the portfolio, at the center of the planning. This has become especially important for a number of reasons: People are living longer but not having enough money to pay for these longer lives. Increasingly, perhaps because of the uncertainties of the stock market as well as post 9/11 fallout, people want to make quality of life choices that may focus on having less income...
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