People Do Not Need to Determine How Much Money to Set

question 89

True/False

People do not need to determine how much money to set aside for retirement and how those funds should be invested until they near their retirement age.

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Definitions:

Environmental Factors

External elements, including social, cultural, and physical conditions, that can influence an individual's or organism's development and behavior.

Mental Ability

The capacity to perform cognitive tasks and solve problems, often measured through intelligence tests.

Heritable

Traits or characteristics that can be passed from parents to their offspring through genes.

Intelligence

The ability to acquire and apply knowledge and skills, and to adapt to new situations.