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George, age 40, is married with two daughters. His primary goals include saving for retirement,...

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Accounting

George, age 40, is married with two daughters. His primary goals include saving for retirement, paying down the mortgage on his new home, managing his risks, and education funding for his daughters. Which phase(s) of the life cycle approach is George most likely in?

a. Asset Accumulation Phase only.

b. Asset Accumulation and Conservation/Risk Management Phases.

c. Conservation/Risk Management Phase only.

d. Conservation/Risk Management and Distribution/Gifting Phases.

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