Question: 1. Which of the following expenditures will most likely decrease during retirement? A. Home maintenance B. Health care costs C. Vacation and travel costs D.

1. Which of the following expenditures will most likely decrease during retirement?

  • A. Home maintenance
  • B. Health care costs
  • C. Vacation and travel costs
  • D. Retirement savings

2. Which of the following is NOT a source of income in retirement?

  • A. Social Security
  • B. Pensions
  • C. Annuities
  • D. Medicare

3. Which of the following expenses will normally increase in retirement?

  • A. FICA taxes
  • B. Savings
  • C. Health care
  • D. Work expenses

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