Many financial advisors say that it is important to start saving for retirement as early as possible. What is the main reason for this?
A. Retirees do not receive further compensation after leaving the workforce, so they must have some other way to pay for their basic needs.
B. Savings allow retirees to travel and to participate in the other activities they were not able to enjoy while they were employed.
C. Retirees need enough money to support their relatives in the event of medical problems or financial difficulties.
D. Social Security often does not provide enough money for retirees to be able to afford their accustomed lifestyles.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Many financial advisors say that it is important to start saving for retirement as early as possible. What is the main reason for this? A. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Long-run adjustments in purely competitive markets primarily take the form of
Answers (1)
Russell and Rachel have designed a new type of cell phone that they believe will revolutionize the market.
Answers (1)
When computing the amount of interest cost to be capitalized is the
Answers (1)
The oxogenous variables are?
Answers (1)
Bargain Central Furniture, Inc., completed the following treasury stock transactions: a. purchased 1,300 shares of the company's $1 par common stock as treasury stock, paying cash or $6 per share. b.
Answers (1)
New Questions in Business
for a new bottling machine it is developing. Future research and development expenses could range from $4 to $9 million, with a most likely value around $7 million. The life of the product will be anywhere from 3 to 10 years.
Answers (1)
Ken Deangelo Company's internal controls over cash disbursements provide for the treasurer to sign checks imprinted by a check-writing machine in indelible ink after comparing the check with the approved invoice.
Answers (1)
Land used for raising crops or livestock is generally called a
Answers (2)
On July 1, 2013, Farm Fresh Industries purchased a specialized delivery truck for $126,000. At the time, Farm Fresh estimated the truck to have a useful life of eight years and a residual value of $30,000.
Answers (2)
Based on this which component of the sarcomere is actually being moved when the sarcomere contracts and relaxes
Answers (1)