Your projected retirement fund is risky because of uncertainty about future labor income and future real returns
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Your projected retirement fund is risky because of uncertainty about future labor income and future real returns on savings. The projected Social Security real annuity is risky because of political uncertainty about future benefits. It’s hard to judge which risk is greater. LO.1
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Essentials Of Investments
ISBN: 9780697789945
8th Edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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