Chad and Elissa meet with you to develop a retirement plan. They are planning on needing $90,000 annually after taxes in today's dollars. Assuming they are retiring in 15 years and inflation remains low at 2.5%, what will be their income need be for their first year of retirement? A. $62,142 B. $90,000 OC. $102,114 OD. $130,347 Which of the following is NOT a strategy for investing for retirement? O A. Taxable accounts B. Tax-deferred accounts C. Tax-free accounts D. Tax-neutral accounts Which of the following is NOT a source of income in retirement? O A. Social Security B. Pensions C. Annuities D. Medicare Which of the following expenses will normally increase in retirement? A. FICA taxes B. Savings C. Health care D. Work expenses