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Silvia Palermo is planning for her retirement. She knows that after she retires she will no longer need her own single family dwelling. She plans

Silvia Palermo is planning for her retirement. She knows that after she retires she will no longer need her own single family dwelling. She plans on buying a condominium in Chicago; this is close to the bus and train line and close to a grocery store. 


What step in the retirement planning process is Silvia completing?

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