Which of the following is NOT typically included in financial planning?

In the context of financial planning, it is important to recognize that while several components are integral to an individual's financial strategy, not all areas necessarily fall under the umbrella of financial planning.

Investment strategy, home purchasing, and retirement planning are all critical aspects typically considered in financial planning. An investment strategy involves assessing one's financial goals and risk tolerance to create a portfolio that aims to increase wealth over time. Home purchasing is a significant financial decision that encompasses budgeting, loan options, and long-term financial impact, making it an essential topic for those planning their finances. Retirement planning involves preparing for income needs and expenses during retirement, considering factors like investments, savings, and social security.

Event planning, on the other hand, generally refers to the organization and management of specific events rather than a financial strategy. Although managing finances for events can be part of an individual's overall budget, it does not represent a core area of financial planning in the same way as the other listed options. Financial planning primarily focuses on long-term financial goals and strategies that encompass broader life events and milestones. Hence, event planning does not typically align with the essentials of financial planning.