With respect to the financial planning life stages described in Chapter 1 in the textbook, answer the following questions: Sarah (35) is a single parent who is working hard as a nurse to support her sons, age 12 and 14. She wants to save for their education, but since the divorce, has found it challenging to keep up with expenses. She knows that retirement is more than 20 years away, and is counting on her work pension at the hospital to provide for most of her retirement expenses. 1. What is Sarah's life stage? (1 mark) 2. Indicate two financial situations you could discuss with Sarah as related to her life stage. (2 marks) Eric (55) has just been promoted to senior manager of the plastic molding company where he has worked for 34 years. He hopes to retire within the next 5 years. 3. What is Eric's life stage? (1 mark) 4. Indicate one financial situation you could discuss with Eric as related to his life stage. (1 mark)