Importance of Early Retirement Savings

The sooner you start saving, the sooner you can stop

You might never have as much money again as you have today

Your savings will grow due to the power of compound interest (correct)

All of the available answers are correct

All of the available answers are correct

They may lose their job and be unable to find other employment

Their employers expect them to retire at the age of 60

They are unable to continue working for health or personal reasons (correct)

Depends on the amount and period you save, the growth on your savings, and your individual needs (correct)

Yes, your employer will always make sure you are saving enough

None of the available answers is correct

No, it is impossible to save enough through your employer’s fund

<p>The period of life when you stop working, usually after age 60</p> Signup and view all the answers

<p>All of the available answers are correct</p> Signup and view all the answers