_______ totals roughly 30-40% of conventional net worth.
A) Guaranteed Income Supplement (GIS)
B) Old Age Security (OAS)
C) The Canada Pension Plan (CPP)
D) Québec Pension Plan (QPP)
E) Social Security Wealth (SSW)

Question

Quizplus · Accepted Answer

Social Security Wealth (SSW) represents the present value of future social security payments. It is a significant component of an individual's net worth, often accounting for about 30-40% of conventional net worth. This is because it represents a guaranteed income stream in retirement, similar to having an equivalent amount in a savings or investment account.

_______ Totals Roughly 30-40% of Conventional Net Worth