While You Are Still Working,you Should Be Managing Your Finances

question 1

Multiple Choice

While you are still working,you should be managing your finances for retirement planning.Which of the following is not a goal of your retirement planning?

• A) maintaining your standard of living
• B) effectively passing wealth on to heirs
• C) a vacation home or boat
• D) travel

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Definitions:

Physical Abilities

The bodily capacities and functions that enable an individual to perform physical tasks, including strength, flexibility, endurance, and coordination.

Retirement

The phase of life where an individual stops working on a full-time basis, typically due to age or health reasons.

Modeling

A social learning theory concept where individuals learn behaviors, attitudes, or emotions through observing others.

Therapy

A general term for treatments and interventions designed to alleviate emotional distress, psychological disorders, and promote mental health and well-being.