Question

When conducting a financial analysis for retirement planning,
a. Keeping your current, large house will be cheaper to maintain than a move to a smaller house.
b. Life insurance should be avoided.
c. A large mortgage should not affect your financial planning.
d. All of these are true.
e. Investments should be evaluated to determine whether their income can help cover living expenses.

Answer 1

Answer:

Option E

Explanation:

Option E is the best option.

When carrying out financial analysis for retirement planning, it is always advisable to keep a column for analysis of how the expenses and the current budget with affect tomorrow.

Relating to the question above, Investment should be evaluated to determine whether their income can help cover living expenses is the best option that explains why financial analysis is necessary for retirement planning.