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John, a CFP professional, is preparing a plan for his client, Shirley. She is aged 50 and single. She wants to retire at age 55
John, a CFP professional, is preparing a plan for his client, Shirley. She is aged 50 and single. She wants to retire at age 55 and be able to maintain her current standard of living. John has gathered information on her needs and resources. He has prepared a savings plan that indicates that she needs to save 1,800% of her income each year. What step of the financial planning process does John need to address now?
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