Which one of the following is a true statement about retirement planning?

Question

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It is important to update your retirement plan periodically to account for changes in your personal circumstances and market conditions. Waiting until age 45 to start saving for retirement (option A) is not ideal as it limits the amount of time you have to accumulate savings. Pension benefits (option B) may not necessarily increase to keep pace with inflation, and relying solely on an employer's health insurance plan (option D) or Social Security (option E) to cover medical expenses may not provide adequate coverage.

Which One of the Following Is a True Statement About