Question: When planning for retirement, inflation: Multiple Choice Should be considered since income recelved earler in retirement will buy more than the same amount recelved later

When planning for retirement, inflation:

Multiple Choice

Should be considered since income recelved earler in retirement will buy more than the same amount recelved later in retirement due to the rising prices of goods and services.

Is unimportant since pension income does not change in retirement.

Should be ignored since it will have no effect on retirement funding.

Should be recognized since it will increase the value of income recelved in retirement.

When planning for retirement, inflation: Multiple

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