You can determine your net worth by: A. subtracting your assets from your liabilities. B. subtracting the value of your home from the mortgage balance. C. adding your liabilities and assets. D. subtracting your liabilities from your assets. Which one of the following expenditures for retirees is likely to increase? A. health insurance B. federal income taxes C. clothing expenses D. work-related expenses Many people make the move into retirement housing without: A. considering seasonal factors. B. experiencing many obstacles. C. a spouse or companion. D. doing enough research. Stock bonus plans, profit-sharing plans, and 401(k) pension plans are examples of a(n) : A. undefinedcontribution plan. B. defined-contribution plan. C. defined-benefit plan. D. undefined-benefit plan. Which employer retirement plan specifies the benefits promised to the employee at the normal retirement age? A. defined-contribution plan B. 401K plan C. IRAs D. defined-benefit plan