Possible Sources of Income for Many Retirees Include

question 39

Multiple Choice

Possible sources of income for many retirees include

• A)government benefits.
• B)public pension plans.
• C)employer pension plans.
• D)personal retirement plans and annuities.
• E)government benefits, public pension plans, employer pension plans, personal retirement plans and annuities are possible sources of income.

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Definitions:

Convertible Debt

A type of financing option that allows the holder to convert the outstanding debt into equity, typically shares of the issuing company, under specified conditions.

Venture Capitalist

A professional investor who provides capital to companies exhibiting high growth potential in exchange for equity or an ownership stake.

Equity

The value of an ownership interest in property, including shareholders' equity in a company, which represents the residual value to shareholders after debts and liabilities have been settled.

Angel Investors

Wealthy individuals who provide capital for start-ups or entrepreneurs, often in exchange for ownership equity.