Question

Choose as many answers as apply.

Answer 1

The situations that can cut into retirement funds are :
accidents
tax liabilities
health needs
Social security not being properly funded

hope this helps

Answer 2

The correct answers are A) accidents and C) health needs.

The situations that can cut into retirement plans are accidents and health needs.

Planning for your retirement is a very important thing that a person must consider when it is still corking. Saving money for a good future is of the utmost importance for the individual. Nobody can forecast the future with exactitude, so saving and planning are good ways to be prepared for the unexpected. When planning for retirement you will need to have information about your personal goals and the cost of things in the future that you might need. Counseling from a specialist can really help an individual to better plan for its retirement. But let's have in mind that there are some things that can cut into retirement plans such as accidents and health needs.