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Rhonda is age fifty - two. She is divorced with two daughters aged twenty - one and twenty - three. She has been contributing to

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.

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