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Parents in the United States generally label the end of infancy as the "terrible twos" because:
Involuntary Intergenerational Transfer
The unintended redistribution of wealth across generations, often due to policies or economic conditions, without the explicit consent of those affected.
Tax-sheltered Investment
A financial arrangement designed to reduce or delay taxes on investments, allowing the investor to benefit from compound growth without immediate taxation.
Stocks
Financial instruments representing ownership shares in companies, allowing investors to benefit from profits and appreciation in value.
Roth Retirement Plan
A type of retirement plan where contributions are made with after-tax dollars, and qualified withdrawals in retirement are tax-free.
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