Jim and jackie are married with three children at home and a mortgage. jim’s net pay per year is $67,000 and jackie does not have income. their mortgage payment of $2,800 includes insurance on their home. they have additional monthly expenses of $2,700. jim contributes 15% of his earnings to a retirement fund and they have $5,000 in savings. there is a $500,000 life insurance policy on jim and a $100,000 policy on jackie. as their financial advisor, what part of jim and jackie’s financial plan would you encourage them to work on?