What is a source of financial vulnerability for people in late adulthood?

Question

Quizplus · Accepted Answer

Reliance on fixed income is a common source of financial vulnerability for people in late adulthood. As people retire, they may have to rely solely on their savings, pensions, or social security payments, which may not be enough to cover all their expenses. This can lead to financial stress and difficulties in meeting basic needs such as housing, healthcare, and nutrition. Options A, C, and D could also be sources of financial vulnerability, but they may not be as common or widespread as reliance on fixed income.

What Is a Source of Financial Vulnerability for People in Late