Lothar retired last month at age 55. For 30 years, he contributed to a DCPP at work. He also has: an RRSP account (set up by his financial advisor Amy) that he contributes $500 to every month, a line of credit linked to the value of his mortgage-free home, and $3,000 in a savings account at the bank. In their first meeting since his retirement, he asks Amy what changes he must make to begin drawing a retirement income. Which one of the following options would be best suited to Lothar's situation? O Stop his RRSP contributions and close his line of credit. O Transfer his pension funds to his RRSP and apply for CPP/QPP. O Stop his RRSP contributions and transfer bis DCPP funds to a LIF or an annuity. O Transfer his pension funds to a LIRA and apply for CPP/OPP
