5 Questions
Why is it important to start saving for retirement as soon as possible?
Your savings will grow due to the power of compound interest
What are some of the reasons that people retire?
They are unable to continue working for health or personal reasons
Is contributing to a retirement fund through your job usually sufficient to meet your needs after you stop working?
Depends on the amount and period you save, the growth on your savings, and your individual needs
What is retirement?
The period of life when you stop working, usually after age 60
Which of the following is usually true about retirement?
All of the available answers are correct
Learn about the significance of starting to save for retirement early to benefit from compound interest and financial growth. Explore reasons for retirement including health, personal, and employer expectations.
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