Which of the Following Statements About Retirement Planning in the United

Which of the following statements about retirement planning in the United States is true?

A) Two-thirds of middle-aged people engage in concrete retirement planning in the years leading up to retirement.
B) Financial planning is relatively unimportant because most people rely on government-sponsored benefits.
C) Because income typically drops by 50 percent, more people engage in financial planning than in other forms of preparation.
D) Retirement is a quick, simple process for most workers, so concrete planning is unnecessary.