question 9 / 10\nsomeone is retiring next year. what would be an appropriate amount of risk to take with…

question 9 / 10\nsomeone is retiring next year. what would be an appropriate amount of risk to take with their investments?\na. highest risk, highest growth\nb. medium risk, medium growth\nc. lower risk, lower growth\nd. no risk. just savings accounts.

question 9 / 10\nsomeone is retiring next year. what would be an appropriate amount of risk to take with their investments?\na. highest risk, highest growth\nb. medium risk, medium growth\nc. lower risk, lower growth\nd. no risk. just savings accounts.

Answer

Brief Explanations:

Since the person is retiring next - year, they have a short - term investment horizon and need to preserve capital. High - risk investments may lead to significant losses which they may not have time to recover from. Lower risk investments are more suitable to safeguard their savings for retirement. Savings accounts are too conservative and may not provide enough growth to meet retirement needs. So, a lower risk, lower growth approach is appropriate.

Answer:

C. Lower risk, lower growth