Participants purchase the calculator individually and prior to class.
The course establishes the framework for the comprehensive personal financial plan inclusive of the ethical considerations and the CFP Board's Code of Ethics, and Professional Responsibility as well as a review of basic time value concepts. It covers the six step process encompassing identification of objectives, gathering and sources of information, preparation of client financial statements, processing and analyzing the data, recommending, implementing and monitoring the financial plan. It further treats the regulatory environment for financial planners as well as the economic and business cycles. The course provides a comprehensive treatment of the retirement planning process and associated case analysis. It familiarizes the participant with the design and regulations of all qualified plans both Defined Benefit as well as Defined Contribution plans.