Mr. Kim is 63 years old and married with two children. Other than his high
blood pressure, which is now controlled by medications, he is relatively
healthy. Mr. Kim plans to retire in a few years and has a generous 401(k)
account from his employer of the past 30 years. His wife is four years younger
and is still working full-time. A few years ago, Mr. Kim hired a lawyer and
created a will to pass along his personal property and assets to his family. He
also does not want to burden his family with making important decisions later on
so he has made advanced funeral arrangements for himself and his wife. Mr. Kim
feels confident, believing that he has done everything possible to plan for his
future and his family.
What else could Mr. Kim do to help his family in the future? (select all
that apply)
Confident,
healthy father about to retire.