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QuizLong Text

Preparing for the Future

Question 2 • CAP Career Planning and Development

Describe the typical costs of a retiree.

Answer

Answer:

Typical costs for a retiree include housing, food, utilities, transportation, health insurance, medicines, and other medical care. Retirees also need money for personal expenses, insurance, taxes, and emergencies, even if some work-related costs go down.

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