After your financial plan is developed it should be
A) locked in a safe for keeping so it isn't stolen.
B) reviewed every five years.
C) monitored and updated annually.
D) sold to others.

Question

Quizplus · Accepted Answer

It is important to regularly monitor and update your financial plan in order to ensure that it is still relevant to your current financial situation and goals. Annual reviews allow you to make necessary adjustments and stay on track with your financial objectives. Storing it in a safe or selling it to others is not necessary or recommended, and reviewing it every five years may not catch changes that occur in between those intervals.

After Your Financial Plan Is Developed It Should Be