Which of the following factors is critical in determining the appropriate benchmark for the investment assets to gross pay ratio?

a.	Investment assets and cash equivalents

b.

Gross pay

c.	Retirement time horizon

d.

Age

According to the cash flow approach, all of the following recommendations may have a positive impact to cash flow except:

a.	Raise insurance deductibles

b.	Reduce the amount of insurance coverage

c.	Pay off existing debts with non-cash balance sheet assets

d.	Purchase new insurance to cover an existing risk