Q5. The planning Ryals is helping the Arlts do regarding showing them how much they would have to save today to meet their retirement needs is helping to mitigate what type of risk? A) Savings risk. B) Longevity risk. C) Earnings risk.
Q6. What type of risk will the purchase of the deferred variable annuity mitigate against? A) Longevity risk. B) Savings risk. C) Financial market risk.
Q7. The three phases of an investor’s life in the correct order are: A) preparation, savings, and retirement. B) accumulation, retirement, and post-retirement. C) preparation, accumulation, and retirement.
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