Jim and Jackie are married with three children at home in a mortgage Jim's net pay per year is $67,000 and jockey does not have income their mortgage payment of 2800 includes Insurance on their home they have additional monthly expenses of 2700 Jim contributes 15% of his earnings to a retirement fund and they have $5,000 in savings there is a $500,000 life insurance policy on gym and a $100,000 life policy on Jackie other financial advisor what part of Jim and Jackie's financial plan would you encourage them to work on? A.managing income b. Managing liquidity c. Protecting assets d. Protecting income
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Answer:
d option is the correct answer
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Answer:
d is correct.......................
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