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Q: What term is used to describe people beginning to spend their wealth in their retirement years? A. disposing B. distributing C. deferring D. decumulating
A: D. decumulating . ?Decumulation?, in definitional terms, means the conversion of pension assets accumulated during an employee?s working life into pension income to be spent during retired life.
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Original conversation
User: What term is used to describe people beginning to spend their wealth in their retirement years? A. disposing B. distributing C. deferring D. decumulating

Weegy: D. decumulating . ?Decumulation?, in definitional terms, means the conversion of pension assets accumulated during an employee?s working life into pension income to be spent during retired life.
wfjunior24|Points 184|

User: Which of the following is not included in a typical financial plan? A. A career plan B. A plan for protecting your assets with insurance C. A retirement plan D. A fund for financial emergencies

Weegy: B. A career plan
letmethink|Points 749|

User: What is a personal cash flow statement? A. A document that is necessary for calculating one's net worth. B. A document that shows income and expenditures over a period of time. C. A document that shows income and expenditures at one specific point in time. D. A document that uses the same information needed for the personal balance sheet.

Weegy: A. A document that shoes income and expenditures over a period of time.
letmethink|Points 749|

User: According to the text, how long should you keep utility bills? A. three years. B. one year. C. only until the next bill arrives. D. six months.

Weegy: B. six months.
MoStWaNteD|Points 1069|

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Asked 8/29/2010 6:11:09 PM
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