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Commerce · Q316

Insurance

Graduate and Post Graduate · Commerce · question 316

Q316

Which of the following is not a phase in retirement planning?

A.
Accumulation
B.
Inflation
Answer
C.
Conservation
D.
Distribution

Answer: Option B

Solution

Answer: Option B
Solution:
Retirement planning involves three phases:
1. Accumulation
2. Conservation
3. Distribution
Inflation is not a phase of retirement planning.