Personal Finance Chapter 18

Your first step in retirement planning is to:A. Estimate your spending needs.B. Analyze your current assets and liabilities.C. Adjust your spending needs for inflation.D. Evaluate your planned retirement income.E. Determine if you’ll have to work during retirement B
The people who are in the best position to save are:A. TeenagersB. Young adults in their 20s.C. People in their 30s.D. Middle-aged.E. Elderly. D

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