Beverly is planning for her retirement.She has determined that her car is worth $10,000,her home is worth $ 150,000,her personal belongings are worth $100,000 and her stocks and bonds are worth $300,000.She owes $50,000 on her home and 5,000 on her car.What step in the retirement planning process is Beverly completing?

Question

Beverly is planning for her retirement.She has determined that her car is worth $10,000,her home is worth $ 150,000,her personal belongings are worth $100,000 and her stocks and bonds are worth $300,000.She owes $50,000 on her home and 5,000 on her car.What step in the retirement planning process is Beverly completing?
A) analyzing her current assets and liabilities
B)estimating her spending needs
C) evaluating her planned retirement income
D) developing a balanced budget based on her retirement income
IS B CORRECT ANSWER?THANK YOU:)))

Ms. Sue · Answer

No. I see nothing about spending needs in that scenario.

Ms. Roberta · Answer

A. It seems like she is analyzing her current assets and liabilities.