Which of the Following Short-Term Goals Is Stated Most Clearly

question 83

Multiple Choice

Which of the following short-term goals is stated most clearly using the SMART approach?

• A) Buy a car for less than $15,000 within 6 months
• B) Retire in 10 years at age 65 with $2,000,000 in my 401(k) account
• C) Purchase a house with a mortgage no greater than $150,000 within 5 years
• D) Set up an emergency fund
• E) Invest $50 per month for the next 12 years for my nephew's college fund