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An individual begins to accumulate retirement fund considering todays inflation throughout the post-retirement period. If the inflation actually turns out to be lower after retirement,
An individual begins to accumulate retirement fund considering todays inflation throughout the post-retirement period. If the inflation actually turns out to be lower after retirement, the accumulated fund would
Select one:
a. get inflated by the margin inflation is lower.
b. more or less be sufficient till the expected lifespan.
c. be consumed earlier than anticipated.
d. last longer than anticipated.
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