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?
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
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