1. Samantha (age 30) is your client and you are performing her financial plan. She mentions she expects to retire at 70, and live until 100. What is true about this situation?

• A. Her retirement age may be unrealistic, as most individuals retire prior to 70
• B. Having a death age assumption at 100, will put more stress on her financial plan
• C. Retiring at age 70 is a reasonable assumption to make

2. Your client Grace wants to match her essential expenses with lifetime income sources such as her pension and Social Security. She wants to match her discretionary expenses with her portfolio income. What is the name of this strategy?

• A. Four box strategy
• B. 4% rule strategy
• C. Income floor strategy
• D. Bucket strategy