Which of the following statements is false?

a. To be more conservative in planning for an individual’s retirement, extend the individual’s life expectancy.

b. A Monte Carlo Analysis uses a random number generator to provide the financial planner with an array of possible outcomes utilizing the same fact pattern.

c. A sensitivity analysis helps the financial planner determine the single most effective factor in a retirement plan.

d. The capital preservation model assumes that at life expectancy the client will have exactly the same account balance as he did at retirement.