Why is it important to start saving for retirement early?

a.) compound return over time rewards early savings.

b.) early savings are exempt from many taxes.

c.) laws could change and prevent savings later in life.

d.) inflation could eliminate the value of later savings.

Question

Business

Maverick Malone

3 June, 05:35

Why is it important to start saving for retirement early?

a.) compound return over time rewards early savings.

b.) early savings are exempt from many taxes.

c.) laws could change and prevent savings later in life.

d.) inflation could eliminate the value of later savings.

+1

Answers (2)

Know the Answer?

Sherlyn Page · Answer 1

A

Explanation:

Saving early will allow you to gain more money because your interest will build over time.

Jaden Norman · Answer 2

A, because early investing allows you to maintain healthy spending habits, and your retirement savings will have more time to grow. also you can take advantage of your compound earnings.

Why is it important to start saving for retirement early?a.) compound return over time rewards early savings.b.) early savings are exempt from many taxes.c.) laws could change and prevent savings later in life.d.) inflation could eliminate the value of later savings.

Why is it important to start saving for retirement early?

a.) compound return over time rewards early savings.

b.) early savings are exempt from many taxes.

c.) laws could change and prevent savings later in life.

d.) inflation could eliminate the value of later savings.