My expenses will drop when I retire. My retirement will last only 8 years.
I can depend on Social Security income and Medicare for medical bill payment.
I can depend on my company pension. My savings will still be affected by inflation.
Question 12.12.( TCOs 6 and 7) The average life expectancy of a woman at age 65 is( Points: 1)
9 years. 16 years. 13 years. 11 years. 19 years.
Question 13.13.( TCOs 6 and 7) If your mortgage is largely or completely paid off, then you may be eligible for a( Points: 1)
reverse mortgage annuity. variable annuity. mortgage advance. regional-based annuity. mortgage package.
Question 14.14.( TCOs 6 and 7) As an individual approaches retirement age, he or she may consider( Points: 1)