Which of the following statements regarding retirement planning is correct? (11.2) Group of answer choices...
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Which of the following statements regarding retirement planning is correct? (11.2)
Group of answer choices
A client's lifetime is made up of pre-work life expectancy, work life expectancy, and retirement life expectancy.
As a general rule, an individual beginning to save for retirement at the age of 30 should expect to save at least 10-13% of gross pay to meet his/her normal retirement goals.
As retirement life expectancy (RLE) increases, so do the retirement needs.
All of the above are correct.
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