Question

What are some factors that explain why people save for the future? (check all that apply.)

Answer 1

A. People save for predictable large expenses

C. People save for their children. their children.

D. People save for retirement.

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What are some factors that explain why people save for the​ future? ​(Check all that apply​.)

A. People save for predictable large expenses

B. People save because there are shortages of goods.

C. People save for their children. their children.

D. People save for retirement.

E. People save to avoid being too materialistic.

Retirement refers to the stage of life in which you choose to leave the workforce behind for good. In the United States and most other developed countries, the traditional retirement age is 65, many of which have some form of national pension or benefit scheme to supplement a retiree's income

What is a good retirement plan? According to AARP, a good retirement income is about 80% of your pre-retirement pre-tax income. Because when you stop working, you don't have to pay income tax or other work-related expenses. This may be good for your health. Sleep later, get some fresh air and sun, and no more devouring your meal at your desk. It's easy to imagine that leaving the office leads to healthier habits. ..

Learn more about retirement here

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