Which statement describes why you should start retirement planning early?
A. Your income will decrease, while your expenses will stay the
same.
B. Your income will increase, while your expenses will decrease.
C. Your income will decrease, while your expenses will increase.
D. Your income will increase, while your expenses will stay the same.

Answers

Answer 1

The reason why you should begin to plan retirement at an early stage is that C. Your income will decrease, while your expenses will increase.

Why should you plan retirement early?

As you grow older, the value of your income will decrease thanks to inflation which depreciates the value of money.

This also means that the value of your expenses increases. You should therefore start planning for retirement earlier when you have more income.

Find out more on retirement planning at https://brainly.com/question/3090325.

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Answer 2

Answer:

C. Your income will decrease, while your expenses will increase.

Explanation:


Related Questions

Identify the tasks performed by workers in a Production career. Choose all that apply. cleaning and maintaining equipment and tools managing budgets and costs feeding materials into machines, and removing materials from machines researching and comparing prices of products and services checking and testing products or parts designing and enforcing safety procedures to the environment

Answers

Answer:

The task that is performed by the worker in the production department is cleaning and maintaining equipment and tools, feeding material into machines, removing materials from machines and checking and testing products or parts.

What is the production career?

Production personnel, in particular, are in charge of creating the final products. The labor of the production uses different types of equipment and parts of the machinery to allocate them in a systematic way. Others may work on a conveyor belt line, where each employee is responsible for their duty.

Thus, maintaining equipment, feeding materials to machinery and testing and checking parts are the right option

Explanation:

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