Question

The major financial benefit of beginning your retirement funding early is related to _______. (points : 2) increased cost of living compound interest reduced anxiety inflation

Answer 1

The major financial benefit of beginning your retirement funding early is related to : Increased cost of living.

The value of money will always dropped. Let's say that in the present time, you could get one hamburger with $1. In the future, it will be more likely that the cost will increase, maybe you need about $ 1.5 - $ 2 to buy a hamburger by the time you retire

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