Question: Please help me solve this problem. Thank you! This Question: 1 pt 1 of 31 (0 complete) Refer to the comparison line graph which shows

Please help me solve this problem. Thank you!

Please help me solve this problem. Thank you! This Question: 1 pt

This Question: 1 pt 1 of 31 (0 complete) Refer to the comparison line graph which shows how the net worth of Claire Kozar's Retirement Savings Net Worth it's retirement savings will change under certain assumptions as she gets older and as Average annual return on savings she withdraws living expenses from savings. Suppose Claire has $400,000 at age $800,000 60, retires at 60, reaches age 67, in good health, and that the average annual return Value at ek by Week has proved to be 9%. $600,000 ..:.. 12% age 60: $400.000 $400,000 9% $200,000 6% 60 65 70 75 85 90 Age (a) About how much longer can she expect her money to last? She can expect her money to last for about years (b) What options might she consider in order to extend that time? O A. She can opt for a retirement savings scheme with a lower percentage of returns O B. She can cut down on her expenses or opt for a retirement savings scheme with a higher percentage of returns ents O C. She can start spending her money lavishly. ess ess h Review Library Click to select your answer(s) tions A O

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