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Which life cycle stage is John likely in

John is 35 years old and recently married with Eva. After they got married, they are considering to have their first child in 2 years and save for a deposit to buy an apartment. Which life cycle stage is John likely in?
Select one:


(a) Wealth accumulation phase


(b) Early family formation


(c) Approaching retirement


(d) Post retirement


(e) Saving versus consumption phase

May 14 2018 View more View Less

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