Question

What are the three phases of retirement planning?

a.

Allocation, expansion, execution

b.

Accumulation, conservation, distribution

c.

Preservation, growth, utilization

d.

Investment, management, expenditure

Answer: (b).Accumulation, conservation, distribution Explanation:The three phases of retirement planning are accumulation, conservation, and distribution.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What are the three phases of retirement planning?

Recommended Subjects

Are you eager to expand your knowledge beyond IC38 Life Insurance Agent Exam? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!