Question

As an IAR, you have gotten to know one of your customers and have prepared a financial/investment plan for her retirement based on her circumstances. You advise her that the plan is flexible and will change as her circumstances change. Among the life events that may require such a change in the plan are of the following EXCEPT:
[A] Marriage
[B] Divorce
[C] Child birth
[D] Moving to a new home

Answer 1

Answer:

D) Moving to a new home

Explanation:

When you move to a new home that usually should not change your investment plans, unless you are purchasing some extremely expensive home that will alter your finances completely.

If you move to another state, you will need to change your legal domicile which might require some changes, but it should not affect your financial position.

But if you get married, have a child or get divorced, then your financial position will change dramatically, since your personal finances are affected by these events.