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John Is 55 Years Old Has $55,000 Outstanding on a Mortgage

Question 14

Multiple Choice

John is 55 years old has $55,000 outstanding on a mortgage and no other debt.John typically saves $5,000 in an IRA account and another $10,000 in a company pension.John is most likely in the:


A) Discovery phase
B) Accumulation phase
C) Consolidation phase
D) Spending phase
E) Gifting phase

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