Bruce and Christopher are both retiring from Best Conditioning Company. They both should have the same amount of money in their retirement funds regardless of the lifestyle they expect during retirementTrueFalse

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21 February, 21:16

Bruce and Christopher are both retiring from Best Conditioning Company. They both should have the same amount of money in their retirement funds regardless of the lifestyle they expect during retirementTrueFalse

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Kristina Dyer · Answer 1

False

Explanation:

The money that people have in their retirement funds depends on the percentage of the income that they contributed with and the performance of the investments. Because of this, the statement is false because Bruce and Christopher may be both retiring from Best Conditioning Company but it is possible that their contributions to the fund were different which makes that the amounts in their retirement funds differ.