Your Decision About One Component of Your Financial Plan Can

question 6

Multiple Choice

Your decision about one component of your financial plan can affect all other components.Which statement is true?

• A) The amount of insurance you choose to carry has no effect on your investing decisions.
• B) There will never be any trade-offs to consider when making decisions about your financial plan.
• C) If you make poor investment decisions, you may have to work longer than planned.
• D) You should contribute all of your extra money to your retirement account even if it means you don't have money available for products and services today.

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Definitions:

Bones Of Children

The developing skeletal structure in children, which is characterized by growth plates and undergoes changes as they mature.

Flexible

The quality of being able to bend without breaking; adaptability to change or to accommodate new conditions.

Brittle

Refers to a physical property of materials that break easily without significant deformation.

Cranium

The skull; the eight bones of the head enclosing the brain; generally applied to the 28 bones of the head and face.