question 18 of 20\nwhich statement about retirement planning is true?\na. retirement planning involves…

question 18 of 20\nwhich statement about retirement planning is true?\na. retirement planning involves accounting for all future expenses\nb. retirement planning involves accounting for an income after you retire.\nc. retirement planning only considers immediate investment risks.\nd. retirement planning assumes your income will go up once you stop working.

question 18 of 20\nwhich statement about retirement planning is true?\na. retirement planning involves accounting for all future expenses\nb. retirement planning involves accounting for an income after you retire.\nc. retirement planning only considers immediate investment risks.\nd. retirement planning assumes your income will go up once you stop working.

Answer

Brief Explanations:

Retirement planning aims to ensure financial stability post - retirement, which involves estimating and accounting for income sources after retirement. It's not possible to account for all future expenses precisely (A is wrong), it considers long - term investment risks not just immediate ones (C is wrong), and generally income doesn't go up when one stops working (D is wrong).

Answer:

B. Retirement planning involves accounting for an income after you retire.