In the strategic investment planning process, where are Diego and Linda when discussing her retirement scenarios?

In the strategic investment planning process, Diego and Linda are engaged in the phase of clarifying client status, problems, and opportunities. This step is crucial as it involves understanding Linda's current financial situation, her retirement goals, and any challenges she may face in achieving those goals. By discussing her retirement scenarios, they are identifying her needs and aspirations, which forms the foundation of any effective investment strategy.

This phase allows them to gather vital information about her financial health, risk tolerance, and time horizon, which is necessary for developing a tailored investment plan. Understanding these elements helps in ensuring that the subsequent steps in the investment planning process are aligned with Linda's specific objectives.

In contrast, assessing market conditions focuses more on external factors and trends affecting investments, reviewing financial statements is about analyzing past performance of an investment or financial situation, and finalizing investment choices represents a later stage in the planning process where specific investment products or strategies are selected based on previously gathered information. Therefore, clarifying client status, problems, and opportunities is indeed the correct context for their discussion.