Contextual Variables Flashcards

The contextual variables that impact each unique client in the planning relationship.

1
Q

Family Status

A

Traditional family

Single-parent

Same-sex couples

Blended families

Widowhood

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2
Q

Net Worth

A

Ultra high net worth

High-net-worth

Mass affluent

Emerging affluent

Mass-market

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3
Q

Income level

A

Low

Medium

High

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4
Q

Life or professional stage

A

Student

Starting a career

Career transition

Pre-retirement

Retirement

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5
Q

Other circumstances

A

Health issues

Divorce

Change of employment status

Aging parents

Special needs children

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