Which statement correct regarding retirement living expense

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Problem 1: Which statement is correct regarding retirement living expenses?

A. It is impossible to estimate your spending needs.
B. Your spending patterns will probably not change.
C. You'll use a smaller share of your income for food, housing, and medical care than non-retired families.
D. The exact amount of money you'll need is impossible to predict.
E. Work-related expenses, such as driving back and forth to work, tend to be higher during retirement.

Reference no: EM132961055

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