Question

Kyle and Linda are married with two children at home and a mortgage. Kyle's net pay per year is $32,000 and Linda's is $48,000. Their monthly expenses are $3,500. Kyle and Linda each contribute 15% of their earnings to a retirement fund and they have $5,000 in savings. They also have a $100,000 life insurance policy on Kyle, but none on Linda.

Answer 1

Question: As their financial advisor, what part of Kyle and Linda's financial plan would you encourage them to work on and why?

ANSWER:

Their plan for protecting their assets.

They should have life insurance on Linda.

Answer 2

Answer:

D on ed

Step-by-step explanation: