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question 5 of 6 keanu pays a lot of bills automatically and contributes…

Question

question 5 of 6
keanu pays a lot of bills automatically and contributes to a retirement plan through his job, but he isnt sure how this is setting him up for the future financially. how can a financial advisor help?
select a response.
conduct a cash flow analysis
develop a long-term financial strategy
find investment diversification opportunities
create an emergency financial plan

Explanation:

Brief Explanations

Keanu's core need is understanding how his current automatic payments and retirement contributions impact his long-term financial standing. A cash flow analysis will first map out all his incoming income, outgoing automatic bills, and retirement contributions, giving clarity on his current financial position and how these commitments shape his future finances. The other options are subsequent steps that would build on this initial analysis.

Answer:

A. Conduct a cash flow analysis