Practice for the CFP exam

CFP practice with purpose. Build confidence in the whole financial plan.

Prepare across the financial-planning domains with CFP practice, detailed explanations, videos, and progress insights that give your next study session a clear focus.

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Time value of moneyQuestion 1 of 3

If a client invests $10,000 at the beginning of each year for two years earning a 10% annual return, what is the accumulated future value?

Choose an answer to see the calculation or professional judgment behind it.

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Lessons

Make sense of the fundamentals.

Work through a concept, follow an example, and put your understanding to the test before moving on.

Explore a sample from CFP.

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CFP / General principles / Sample lesson

Turn a savings goal into a monthly amount

A planning goal becomes easier to assess when the amount, current savings, and time horizon are explicit. For a simple illustration with no interest, spread the remaining gap evenly over the available months.

Monthly saving = (Goal - Current savings) ÷ Months remaining

For example, a $12,000 goal with $3,000 already saved and 18 months remaining requires $500 per month, ignoring interest.

Check your understanding

A client needs $15,000 in 24 months and has already saved $3,000. Ignoring interest, how much must they save each month?

Inside MiloPrep

More insight from every CFP practice session

Explore question insights, detailed answer explanations, and result analysis from CFP practice in the app.

Question insights

Know what each question is testing

Connect the question to its topic, skill, and underlying concepts. Question insights put the context beside the practice so you can see what to work on.

  • Planning domain and learning outcome
  • Skill and common traps
  • Key concepts behind the question
CFP question insights for CFP Board's Code of Ethics and Standards of Conduct, showing the topic, skill, common trap, and key conceptsCFP · Question insightsView full size

Detailed explanations

Understand every answer choice

A score tells you whether you were right. A useful explanation shows how to reason through the next question. Review the logic behind the answer and why each distractor falls short.

  • Worked reasoning after your answer
  • Choice-by-choice feedback
  • Concepts to revisit before your next session
CFP answer explanation for a question on CFP Board's Code of Ethics and Standards of ConductCFP · Detailed explanationsView full size

Result analysis

Give your next study block a clear focus

See which planning skills are strongest and which mistakes recur. Choose your next review topic with a clearer picture of how you apply the concepts.

  • Spot recurring mistakes
  • Compare performance by skill
  • Focus your next review session
CFP sample session analysis showing performance by skill and recurring mistakesCFP sample session · Result analysisView full size

Keep the client’s whole plan in view

Practice connecting investments, retirement, insurance, tax, and estate planning to client goals through focused financial-planning questions.

Learn with videos and study materials

Use video lectures and study materials in the CFP library to revisit a concept, then bring it back into your practice.

Keep your practice fresh

Premium practice prioritizes questions you have not seen, helping you work through new scenarios as you build understanding.

Know the exam

The CFP exam

One comprehensive exam using stand-alone, scenario, and case-study MCQs across the published domains.

Components

1

Average component time

360 min

Question delivery

Stand-alone, short-scenario, and case-study MCQs

Comprehensive examination

Comprehensive examination

360 minutes · Stand-alone, short-scenario, and case-study MCQs

  • Professional Conduct and Regulation (8%)
  • General Principles of Financial Planning (15%)
  • Risk Management and Insurance Planning (11%)
  • Investment Planning (17%)
  • Tax Planning (14%)

Explore the exam guides for exam structure, topic allocations, and official references.

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  • 60+ worked-example guides
  • 3 Mock Exams
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  • 70+ topic-specific videos
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  • 800+ flashcards
  • 100+ cheat sheets & quick-reference guides
  • 60+ worked-example guides
  • 3 Mock Exams
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Personalized study plan

Build a schedule around your exam date, study days, and progress.

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Video lectures

Watch topic-specific lessons for CFP.

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Read structured explanations of the concepts you need to know.

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Cheat sheets

Review key rules and formulas at a glance.

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Formula sheets

Find formulas, variables, and when to use them.

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Worked examples

Follow calculations and methods step by step.

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Comparison tables

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Decision trees

Work through choices with structured decision guides.

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Common traps

Recognize common mistakes and how to avoid them.

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Quick references

Find the rules and reminders for each subject.

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Study guides

Plan your approach to each subject.

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Review the structure and coverage of the exam.

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Prepare your approach to exam day.

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Scenario banks

Apply concepts to practical scenarios.

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Check Your Understanding

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Practice your way

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Practice modes

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Full-length mock exams

Timed exams that follow the CFP format.

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Review scores, pacing, weak topics, and recorded answers.

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Return to questions you missed or saved for later.

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Measure and improve

Readiness and topic mastery

Explore coverage, accuracy, and your path to exam readiness.

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Syllabus-aligned performance

See progress against the CFP Board's Principal Knowledge Topics.

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Progress tracking and streaks

See study activity and keep a consistent practice routine.

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Weakness Analysis and Drill

Find weak topics and create focused practice sessions.

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CFP FAQ

Is the CFP exam one part or multiple parts?
One comprehensive exam delivered in two three-hour sessions, not a multi-part licence like CPA or CFA levels.
How many questions are on the CFP exam?
170 multiple-choice questions, per CFP Board exam details.
What topics carry the most weight?
Published principal knowledge topic weights put large shares on investment planning and retirement savings and income planning. See the topic table on this page.
Does MiloPrep cover the full CFP exam?
Yes. A paid CFP plan includes comprehensive CFP practice under one plan.
Where do these CFP facts come from?
From CFP Board exam detail and content outline pages.

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