When Thinking About Retirement, Which of the Following Is Correct

question 118

Multiple Choice

When thinking about retirement, which of the following is correct?

• A) You'll spend less money when you retire.
• B) Saving just a little bit won't help.
• C) You can depend on Social Security and a company pension plan to pay your basic living expenses.
• D) The sooner you start saving, the better.
• E) Your pension benefits will increase to keep pace with inflation.

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Definitions:

Department of Defense

A branch of the U.S. federal government charged with coordinating and supervising all agencies and functions of the government related directly to national security and the United States Armed Forces.

Foreign Policy

A government's strategy in dealing with other nations, regarding diplomacy, military action, trade agreements, and other international relations.

Obama

Refers to Barack Obama, the 44th President of the United States, who served from 2009 to 2017 and was the first African American to hold the office.

Bush

Referring usually to either George H. W. Bush, the 41st President of the United States, or George W. Bush, the 43rd President.