Which one of the following older adults is most likely to need preretirement counseling to avoid significant concerns in retirement?
A) African-American woman who is a certified public accountant
B) Mexican-American woman who receives cash for cleaning services
C) Middle-aged man who has a history of type 1 diabetes mellitus
D) Older male clerk who works for the Department of Homeland Security

Question

Quizplus · Accepted Answer

Older adults with the most need for retirement planning are usually the same people who are least likely to receive it.The Mexican-American woman will most likely need preretirement counseling to avoid significant problems in retirement.She has three characteristics indicating a need for retirement planning: (1)her sex is female,(2)her job implies a lack of education or training,and (3)she does not pay into Social Security or federal taxes.Thus she can potentially fail to pay into the federal system for a sufficient length of time to be eligible for Social Security and Medicare benefits in retirement.In addition,her job is unlikely to offer a 401k plan.
Although the African-American woman is a member of a minority group,she is a professional and likely to earn a significant income in a finance-related business.Her occupation and education places her well to receive significant retirement planning.The middle-aged man has one factor potentially associated with the need for retirement planning-poor health.The older clerk has one factor potentially associated with the need for retirement planning-he is likely to be a low-level employee.

Which One of the Following Older Adults Is Most Likely