Which of the following is considered quantitative data in financial planning?

Quantitative data in financial planning refers to measurable information that can be expressed in numerical terms, allowing for objective analysis and evaluation. In this context, assets and liabilities fit this definition perfectly. They are specific financial items that can be quantified, such as the total value of a client's property, investments, or debts. This numerical representation enables financial planners to analyze a client's overall financial position, assess net worth, and make informed decisions based on concrete data.

Client health status, potential changes in current lifestyle, and risk tolerance levels, while important aspects of financial planning, are primarily qualitative. These factors involve subjective perceptions, feelings, or descriptions that do not lend themselves to straightforward numerical measurement. By focusing on assets and liabilities, financial planners can create a clearer picture of a client's financial health, which is essential for effective planning and strategy development.