Based on the Life Cycle of Financial Planning, when would be a good time to review and possibly adjust an effective financial plan?

Question

Quizplus · Accepted Answer

Life events, such as getting married and having children, can significantly impact one's financial situation and goals. Therefore, it is important to review and adjust an effective financial plan during these milestones. A change in the stock market may also warrant a review, but it should not be the primary factor for adjusting a financial plan. It is important to remember that even an effective financial plan should be regularly reviewed and adjusted as needed.

Based on the Life Cycle of Financial Planning, When Would