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Exam (elaborations)

CRPC Module 1

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Exam of 15 pages for the course CRPC at CRPC (CRPC Module 1)

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1.Retirement Planning Process Steps: EGADIM (EGAD I Made fo fo fo fo fo fo fo f

oit) Establish Client Relationship
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Gather Data Anal fo fo

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p Plan Implement
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Plan Monitor Pla
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2.Step 1 Retirement Planning Process: Establish Client Relationship
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Based upon trust and a mutually defined understanding of the scope of
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ervices to be offered fo fo fo


Perception of trustworthiness Iden fo fo fo

tifying the services to be provided
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Disclosing the counselor's compensation arrangement De fo fo fo fo fo

termining each parties responsibilities fo fo fo

Establishing the duration of the engagement fo fo fo fo fo

3.Step 2 Retirement Planning Process: Gather Da
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ta Ran unprocessed materials
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s Family
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4.Step 3 Retirement Planning Process: Analyze and Evaluate Clients Info
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Create financial statements Create cash flow statement and statement
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of financial position Requires you and the client to agree on economic a
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ssumptions; future inflation and return expectations fo fo fo fo fo


5.Step 4 Retirement Planning Process: Developing and Presenting Fin
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ancial Planning Recommendations and/or alternatives
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An option could always be to continue doing what they're
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doing Making 2 or 3 other suggestions
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Review pros and cons fo fo fo

Help them arrive at a decision they feel good about
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6.Step 5 Retirement Planning Process: Implementing the Financial Pla
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A plan needs to be implemented in order to make any pr
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Document information

Uploaded on
July 30, 2025
Number of pages
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Written in
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Type
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Contains
Questions & answers
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