What makes up the liability side of the Retiree Balance Sheet?

Group of answer choices

PV of Minimum Consumption$/$Lifestyle Needs

PV of Desired Bequest

Discretionary Wealth

All of the above

According to Zwecher, there are three types of retirement lifestyles $($underfunded$,$ stressed, and simple$).$ What can or needs to be done for Simple Lifestyle?

Group of answer choices

Work longer

Plan Bequest

Limited aspirational upside

Monetize mortality