question 2 / 10\nsomeone is retiring next year. what would be an appropriate amount of risk to take with…

question 2 / 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 2 / 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

Answer:

C. Lower risk, lower growth

Brief Explanation:

As someone is retiring soon, they have less time to recover from potential losses. Lower - risk investments are more suitable to preserve capital. High - risk investments (A) are too volatile for near - retirees. Medium - risk (B) still has significant exposure to market fluctuations. Just savings accounts (D) may not provide enough growth to support retirement needs, so lower - risk, lower - growth investments are appropriate.