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A good retirement plan usually accounts for increasing __________ costs.
A.  mortgage
B.  medical care
C.  life insurance
D.  legal
in Financial Literacy by Gold Status (11.0k points) | 10 views

1 Answer

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B Medical care.

The cost of medical care tends to increase significantly later in life, and a good retirement plan considers how to meet those costs. Usually by the time of retirement, the costs of a mortgage have been eliminated. There is usually less need for life insurance later in life. Legal costs are not a big consideration of retirement planning.
by Gold Status (11.0k points)

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