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Mathematics, 19.08.2021 22:20 akeemedwards12

1.Kylie and Larry are married with two children at home and a mortgage. Kylie’s net pay per year is $35,000 and Larry’s is $42,000. Their monthly expenses are $4,150. Kylie and Larry each contribute 15% of their earnings to a retirement fund and they have $5,500 in savings. They also have a $150,000 life insurance policy on Larry, but none on Kylie. As their financial advisor, what part of Kylie and Larry’s financial plan would you encourage them to work on and why?

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