Economy, asked by Vaibhav3828, 10 months ago

A retired person is depending on a monthly annuity income to finance his expenses. The greatest risk faced by his cash flows is

Answers

Answered by tonymontanafurreal
2

Answer:the economy crashing

Explanation: because a retired person is already ensured an annual income to sustain their life what could interfere with their money flow?. Besides the economy crashing, if the economy was to crash how would they get paid?. But let's assume the economy doesn't crash what then could be a liability?. The source of their income is depleted and can no longer afford to sustain them. But thanks to taxes that shouldn't happen

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