Which of these is a main retirement expense?

Question

going on a seniors-only cruise (Choice B) long term care B long term care (Choice C) saving for grandchildren's education C saving for grandchildren's education

Answer 1

Choice C - saving for grandchildren's education is not typically considered a main retirement expense.

The correct answer is Choice B - long-term care. Long-term care includes expenses related to nursing homes, assisted living facilities, in-home care, and other medical expenses that may be required as individuals age. This is often included as a major retirement expense due to the potential need for care and support in later years.