Question

Beverly Foster 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 $5000 on her car. What step in the retirement planning process is Beverly completing?

Answer 1

Your answer would be analyzing her current assets and liabilities. Hope this helps.

Answer 2

She is analyzing her current assets and liabilities.