Even Though You Expect to Receive OAS and CPP,a Common

question 81

Multiple Choice

Even though you expect to receive OAS and CPP,a common rule of thumb is in order to be able to retire comfortably is

• A)to save an additional 10 percent of gross earnings in a variety of pension investments.
• B)to save at least 10 percent of after-tax earnings in retirement accounts.
• C)to make sure you are in a long-term pension plan.
• D)to maximize OAS and CPP and GIS.

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Definitions:

Compromising

A conflict resolution strategy that involves mutual concession to reach a mutually acceptable agreement.

Conflict Management Strategies

Approaches used to handle, resolve, or mitigate conflicts in interpersonal or group settings.

Relationships

Connections or associations between individuals or entities, based on social, emotional, or professional interactions.

Sense of Power

The feeling of being in control and able to influence others or outcomes.