Rhonda is age fifty$-$two. She is divorced with two daughters aged twenty$-$one and twenty$-$three. She has been contributing to a defined contribution pension plan through her employer. She has been contributing to this plan for twenty$-$five years and would like to retire at age sixty. However, she is not certain whether it will be feasible to do so$.$ Looking at the news, she worries about the unstable political climate and the impact it could have on her financial situation.

Her financial situation is as follows:

Her annual employment income is: $$80,000.$

Assets:

Condo: $$250,000$

Vehicle: $$20,000$

DCPP$,$ consisting of the following, totalling; $$200,000$

Fixed rate GIC maturing in $3$ years: $$45,000$

Fixed rate GIC maturing in $5$ years: $$55,000$

Index linked GIC maturing in $6$ months: $$60,000$

Balanced mutual funds: $$40,000$

RRSP $($Canadian bond segregated fund$)$ $$40,000$

Cash $$1,500$

Liabilities:

Mortgage: $$65,000$

Line of Credit: $$2,500$

Credit cards: $$500$

Carloan: $$12,000$

Based on this information, what can be said about Rhonda?

Select one:

a$.$

She will know the income from her DCPP in advance.