John Is 55 Years Old and Has $55,000 Outstanding on a Mortgage

John is 55 years old and has $55,000 outstanding on a mortgage and no other debt. John typically saves $5,000 in an IRA account and another $10,000 in a company pension. John is most likely in the

A) discovery phase.
B) accumulation phase.
C) consolidation phase.
D) spending phase.
E) gifting phase.