Many Baby Boomers Are Projected to Keep Working for All

question 8

Multiple Choice

Many baby boomers are projected to keep working for all of the following reasons except:

• A) There is no one available to take their place
• B) Insufficient retirement savings
• C) They define themselves by their work
• D) They are able to reduce the number of hours they work in order to balance work with other family and personal interests

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Definitions:

Cash Surrender Value

The amount of money an insurance policyholder can receive from the insurer by canceling the policy before it matures or the insured event occurs.

Outstanding

Exceptionally good or prominently distinguished; can also refer to something that is yet to be paid, completed, or resolved.

Insurance Policy

A contract between an individual or entity and an insurance company, detailing the terms for the payment of claims in the event of loss.

War Zone

An area where armed conflict is taking place, often recognized as such by military authorities.