Multiple choice

A retired person generally needs a greater proportion of

  1. debt funds

  2. equity funds

  3. money market funds

  4. All of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Retired persons typically need regular income and capital preservation, so they should invest a greater proportion in debt funds which provide relatively stable returns and lower risk. Equity funds are more volatile and money market funds have very low returns, making them less suitable as the primary investment for retirees.

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