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QBS 9 (A)
Risks faced by retirees and mgmt of risks by individuals, 1)…
-
1) Longevity
2) Inflation
3) Interest Rate
4) Investment / market
5) Healthcare - cost shock / LT care
6) Public Policy - Higher taxes/reduced gov benefit
7) Financial illiteracy
8) Spouse - death/divorce
9) Retire too early