Your single female client is age $63$ and she is fairly comfortable with the retirement income plan you made for her to maintain her desired lifestyle to age $8825$ years into the future. As your client$$s advisor, you are concerned that if she lives past age $88,$ she may outlive her money? Name two options your client has to alleviate this risk of living beyond age $88.$

Group of answer choices

Bullet bond with $25$ year maturity

Bond mutual fund and Increase US Large Cap

Purchase longevity insurance with payout at age $88$

Both A and C