What Characteristics Describe the Empty-Nest Life Stage

question 89

Multiple Choice

What characteristics describe the empty-nest life stage?

• A)You are ready to retire.
• B)You no longer work full time.
• C)Your children are no longer dependent on your income.
• D)You've reached financial independence.

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Definitions:

Capital

The financial assets or the financial value of assets, such as cash, that are utilized by a company to fund and sustain its operations and growth.

Profits And Losses Ratio

A financial metric that compares the profits and losses of a business, showing the relationship between net profits and net losses over a specific period.

Withdrawal

The action of taking money out of an account, or the removal of assets from a business by the owner for personal use.

Equity Interest

Ownership interest in a company, represented by the equity or shares held by investors.