Lynn Roy Will Retire in the Next Year and Has

question 34

Multiple Choice

Lynn Roy will retire in the next year and has $675,000 in savings and investments and owns her own home that is worth $250,000.Which step in the financial planning process does this situation demonstrate?

• A)Determining her current financial situation
• B)Developing her financial goals
• C)Identifying alternative courses of action
• D)Evaluating her alternatives
• E)Implementing her financial plan

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