Which statement should be included in a discussion about finances for the older adult client preparing for retirement?
A) Most older adults have to adjust to a fixed income.
B) Most older adults spend more money on clothing.
C) Most older adults find commuting expenses for preventive healthcare increase.
D) Older adults own their homes and the value has increased to assist in moving to new neighborhoods.

Question

Quizplus · Accepted Answer

Most older adults have to adjust to a fixed income after retirement, which significantly impacts their financial planning and budgeting. This is a common situation as their regular employment income ceases.

Which Statement Should Be Included in a Discussion About Finances