Answer Key
Retirement – Comprehension Check
You have already passed this section on 2015-03-02 at 6:08.
- In cash-value policies, over time, the cash value [grows slowly]
- Life insurance [is generally unsuitable for most retired people]
- Mutual funds [always reveal their fees and returns]
- Your premiums rise [as the odds you will die increase each year]
- A breadwinner is [the person supporting a family with his or her earnings]
- A life insurance policy purchased when you are older, [is almost sure to cost more than will be paid out]
- Offseting rising costs means [compensating for the costs]
- As you age, the costs of coverage [rise dramatically]
- “Cash value“ insurance [is used as a trick to sell life insurance to older people]
- A windfall is [an unexpected piece of good fortune]
