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Refer to the comparison line graph which shows how the net worth of Claire Kozar's retirement savings will change under certain assumptions as she gets

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Refer to the comparison line graph which shows how the net worth of Claire Kozar's retirement savings will change under certain assumptions as she gets older and as she withdraws living expenses from savings. Suppose Claire has $400,000 at age 60 $800,000 retires at 60, reaches age 67, in good health and that the average annual retum has $600,000 proved to be 5%. Retirement Savings Net Worth Average annual return on savings Ya ape 60 50.00 $400,000 596 $200,000 296 $0 60 65 70 80 75 Age (a) About how much longer can she expect her money to last? She can expect her money to last for about years. (b) What options might she consider in order to extend that time? A. She can start spending her money lavishly B. She can cut down on her expenses or opt for a retirement savings scheme with a higher percentage of returns. C. She can opt for a retirement savings scheme with a lower percentage of returns

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