Which of the Following Is One of the Reasons Why

question 37

Multiple Choice

Which of the following is one of the reasons why many middle-aged workers are delaying their retirement plans?

• A) the increase of retirement age to 75 years
• B) the increasing opportunity for middle-aged professionals
• C) the increased productive health owing to medical advancements
• D) the decline in defined-benefit pensions

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Definitions:

Expected Rate

In finance, it typically refers to the predicted average rate of return on an investment over a specified period.

Standard Deviation

A statistical measure that quantifies the amount of variability or dispersion of a set of data values around the mean (average).

Risk-Free Asset

A financial instrument that is considered to have no risk of financial loss and typically features a guaranteed rate of return, such as government bonds.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, showing how much each value in the set differs from the mean.