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Options
- A
A portion of the retirement fund should be used to pay off the debt
- B
Consider a second career to earn additional income to pay off the debts
-
Increase funds allotted to fixed and guaranteed income to meet the debt obligations
Correct answer
- D
The retiree should take some risks and invest money in high returns securities to get extra money to pay the debt
Why this is the answer
Prioritizing guaranteed income sources like annuities ensures that debt obligations are met without risking the principal, providing financial security.
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