CFP Certification Korea: financial-planning foundations cheat sheet
CFP Certification Korea: financial-planning foundations · Keep the key ideas within reach.
Client goals, household cash flow and planning process
Define scope and compensation.
Separate assets from cash flow.
Use consistent periods and ratio definitions.
Review financial and nonfinancial retirement goals.
Portfolio risk, return and suitability
Assess the goal and client, not only the product.
Diversification does not eliminate every risk.
Keep model assumptions explicit.
A modeled loss quantile is not a worst-case guarantee.
Korean public, workplace and personal pension foundations
Keep public, workplace and personal arrangements distinct.
Check year and coverage period.
A nominal replacement rate is not an individual forecast.
Assess liquidity, longevity, survivor needs and risk together.
Tax-aware planning, succession and documentation
Distinguish ownership, beneficiary rights and tax treatment.
Use the applicable year and conditions.
Separate deductions and credits.
Assess liquidity and family consequences alongside tax.
Insurance needs and risk architecture
Analyze the consequence and existing resources.
Distinguish contractual roles.
Read actual coverage and exclusions.
Separate protection from investment or tax claims.