Personal Finance and Wealth Management

  1. Risk Management and Insurance
    1. Personal Risk Assessment
      1. Identifying Financial Risks
        1. Human Capital Risks
          1. Premature Death
            1. Disability and Income Loss
              1. Unemployment
                1. Career Obsolescence
                2. Property and Liability Risks
                  1. Property Damage or Loss
                    1. Personal Liability Lawsuits
                      1. Professional Liability
                      2. External Risks
                        1. Natural Disasters
                          1. Economic Downturns
                            1. Inflation
                          2. Risk Management Strategies
                            1. Risk Avoidance
                              1. Risk Reduction
                                1. Risk Transfer (Insurance)
                                  1. Risk Retention (Self-Insurance)
                                  2. Insurance Needs Analysis
                                    1. Quantifying Potential Losses
                                      1. Cost-Benefit Analysis
                                        1. Coverage Gap Analysis
                                      2. Life Insurance Planning
                                        1. Purpose and Functions of Life Insurance
                                          1. Income Replacement
                                            1. Debt Repayment
                                              1. Estate Liquidity
                                                1. Wealth Transfer
                                                  1. Business Continuation
                                                  2. Types of Life Insurance
                                                    1. Term Life Insurance
                                                      1. Level Term
                                                        1. Decreasing Term
                                                          1. Increasing Term
                                                            1. Renewable and Convertible Features
                                                            2. Permanent Life Insurance
                                                              1. Whole Life Insurance
                                                                1. Universal Life Insurance
                                                                  1. Variable Life Insurance
                                                                    1. Variable Universal Life Insurance
                                                                  2. Life Insurance Needs Analysis
                                                                    1. Human Life Value Approach
                                                                      1. Needs-Based Approach
                                                                        1. Capital Retention Approach
                                                                          1. Income Multiplier Method
                                                                          2. Policy Features and Riders
                                                                            1. Death Benefit Options
                                                                              1. Premium Payment Options
                                                                                1. Policy Loans and Withdrawals
                                                                                  1. Common Riders
                                                                                    1. Waiver of Premium
                                                                                      1. Accidental Death Benefit
                                                                                        1. Long-Term Care Rider
                                                                                      2. Life Insurance Tax Considerations
                                                                                        1. Income Tax Treatment
                                                                                          1. Estate Tax Implications
                                                                                            1. Gift Tax Considerations
                                                                                              1. Modified Endowment Contracts
                                                                                            2. Disability Income Protection
                                                                                              1. Importance of Disability Insurance
                                                                                                1. Probability of Disability
                                                                                                  1. Impact on Financial Security
                                                                                                    1. Social Security Disability Limitations
                                                                                                    2. Types of Disability Insurance
                                                                                                      1. Short-Term Disability Insurance
                                                                                                        1. Long-Term Disability Insurance
                                                                                                          1. Social Security Disability
                                                                                                            1. Workers' Compensation
                                                                                                            2. Policy Features
                                                                                                              1. Definition of Disability
                                                                                                                1. Own-Occupation Coverage
                                                                                                                  1. Any-Occupation Coverage
                                                                                                                    1. Modified Own-Occupation
                                                                                                                    2. Benefit Amount Determination
                                                                                                                      1. Elimination Periods
                                                                                                                        1. Benefit Periods
                                                                                                                          1. Cost of Living Adjustments
                                                                                                                          2. Group vs. Individual Coverage
                                                                                                                            1. Employer-Provided Benefits
                                                                                                                              1. Individual Policy Advantages
                                                                                                                                1. Supplemental Coverage Strategies
                                                                                                                              2. Health Insurance and Healthcare Planning
                                                                                                                                1. Health Insurance Fundamentals
                                                                                                                                  1. Types of Health Plans
                                                                                                                                    1. Health Maintenance Organizations
                                                                                                                                      1. Preferred Provider Organizations
                                                                                                                                        1. Point of Service Plans
                                                                                                                                          1. High-Deductible Health Plans
                                                                                                                                          2. Coverage Components
                                                                                                                                            1. Deductibles
                                                                                                                                              1. Copayments
                                                                                                                                                1. Coinsurance
                                                                                                                                                  1. Out-of-Pocket Maximums
                                                                                                                                                2. Health Insurance Sources
                                                                                                                                                  1. Employer-Sponsored Plans
                                                                                                                                                    1. Individual Market Plans
                                                                                                                                                      1. Government Programs
                                                                                                                                                        1. Medicare
                                                                                                                                                          1. Medicaid
                                                                                                                                                            1. COBRA
                                                                                                                                                          2. Health Savings Accounts
                                                                                                                                                            1. HSA Eligibility Requirements
                                                                                                                                                              1. Contribution Limits
                                                                                                                                                                1. Tax Advantages
                                                                                                                                                                  1. Investment Options
                                                                                                                                                                    1. Distribution Rules
                                                                                                                                                                    2. Flexible Spending Accounts
                                                                                                                                                                      1. Healthcare FSAs
                                                                                                                                                                        1. Dependent Care FSAs
                                                                                                                                                                          1. Use-It-or-Lose-It Rules
                                                                                                                                                                          2. Long-Term Care Planning
                                                                                                                                                                            1. Long-Term Care Risks
                                                                                                                                                                              1. Types of LTC Services
                                                                                                                                                                                1. LTC Insurance Options
                                                                                                                                                                                  1. Traditional LTC Insurance
                                                                                                                                                                                    1. Hybrid Life/LTC Policies
                                                                                                                                                                                      1. Annuity/LTC Combinations
                                                                                                                                                                                      2. Self-Funding Strategies
                                                                                                                                                                                        1. Government Programs
                                                                                                                                                                                      3. Property and Casualty Insurance
                                                                                                                                                                                        1. Homeowners Insurance
                                                                                                                                                                                          1. Coverage Types
                                                                                                                                                                                            1. Dwelling Coverage
                                                                                                                                                                                              1. Personal Property Coverage
                                                                                                                                                                                                1. Liability Coverage
                                                                                                                                                                                                  1. Additional Living Expenses
                                                                                                                                                                                                  2. Policy Forms
                                                                                                                                                                                                    1. HO-1 through HO-8
                                                                                                                                                                                                    2. Exclusions and Limitations
                                                                                                                                                                                                      1. Replacement Cost vs. Actual Cash Value
                                                                                                                                                                                                        1. Coverage Amount Determination
                                                                                                                                                                                                        2. Renters Insurance
                                                                                                                                                                                                          1. Personal Property Protection
                                                                                                                                                                                                            1. Liability Coverage
                                                                                                                                                                                                              1. Additional Living Expenses
                                                                                                                                                                                                                1. Coverage Limits and Deductibles
                                                                                                                                                                                                                2. Automobile Insurance
                                                                                                                                                                                                                  1. Required Coverage Types
                                                                                                                                                                                                                    1. Liability Coverage
                                                                                                                                                                                                                      1. Personal Injury Protection
                                                                                                                                                                                                                        1. Uninsured/Underinsured Motorist
                                                                                                                                                                                                                        2. Optional Coverage Types
                                                                                                                                                                                                                          1. Collision Coverage
                                                                                                                                                                                                                            1. Comprehensive Coverage
                                                                                                                                                                                                                              1. Gap Insurance
                                                                                                                                                                                                                              2. Factors Affecting Premiums
                                                                                                                                                                                                                                1. Deductible Selection
                                                                                                                                                                                                                                2. Specialty Property Insurance
                                                                                                                                                                                                                                  1. Flood Insurance
                                                                                                                                                                                                                                    1. Earthquake Insurance
                                                                                                                                                                                                                                      1. Valuable Items Coverage
                                                                                                                                                                                                                                        1. Business Property Insurance
                                                                                                                                                                                                                                      2. Personal Liability Protection
                                                                                                                                                                                                                                        1. Personal Liability Risks
                                                                                                                                                                                                                                          1. Premises Liability
                                                                                                                                                                                                                                            1. Auto Liability
                                                                                                                                                                                                                                              1. Professional Liability
                                                                                                                                                                                                                                                1. Social Media and Cyber Liability
                                                                                                                                                                                                                                                2. Umbrella Insurance
                                                                                                                                                                                                                                                  1. Purpose and Coverage
                                                                                                                                                                                                                                                    1. Policy Limits
                                                                                                                                                                                                                                                      1. Underlying Insurance Requirements
                                                                                                                                                                                                                                                        1. Exclusions
                                                                                                                                                                                                                                                          1. Cost-Benefit Analysis
                                                                                                                                                                                                                                                          2. Asset Protection Strategies
                                                                                                                                                                                                                                                            1. Insurance as Asset Protection
                                                                                                                                                                                                                                                              1. Homestead Exemptions
                                                                                                                                                                                                                                                                1. Retirement Account Protection

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                                                                                                                                                                                                                                                            5. Tax Planning and Optimization

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                                                                                                                                                                                                                                                            7. Estate and Wealth Transfer Planning