Why Is Financial Planning for Retirement Vitally Important

question 35

Multiple Choice

Why is financial planning for retirement vitally important?

• A)You can expect to live in retirement for many years.
• B)Social Security and your private pension may be insufficient to cover the cost of living.
• C)Inflation may diminish the purchasing power of your retirement savings.
• D)Knowing that you are financially prepared for retirement gives you peace of minD.
• E)All of the listed factors are vitally important.