Finance question Please help !

QUESTION 2 6.66 If you are saving for retirement you should never have risky investments in your portfolio. True False QUESTION 3 6.66 It is not required by law than an annuity has a cost-of-living adjustment to keep pace with inflation. It is often possible to buy a annuity that does offer protection from inflation but this annuity will cost more than it would without inflation protection True False QUESTION 4 6.66 A fundamental personal finance problem is balancing spending and saving. True False