Life-Cycle Saving Is Saving

question 136

Multiple Choice

Life-cycle saving is saving:

• A)to meet long-term objectives, such as retirement, college attendance, or the purchase of a home.
• B)for protection against unexpected setbacks, such as the loss of a job or a medical emergency.
• C)for the purpose of leaving an inheritance.
• D)to pay life-insurance premiums.

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Definitions:

Flightless Bird

A bird that has evolved to lose the ability to fly, often due to changes in its habitat or predation pressures.

Pelicans

Large water birds known for their distinctive pouches under their beaks, belonging to the family Pelecanidae.

Incompletely Divided Ventricles

A heart condition where the ventricular septum does not completely separate the left and right ventricles.

Middle-Ear Bones

The three small bones in the mammalian ear - the malleus, incus, and stapes - that transmit sound vibrations from the eardrum to the inner ear.