Why Don't Many Young People Begin Saving for Retirement Once

question 21

Multiple Choice

Why don't many young people begin saving for retirement once they begin working?

• A)Sound financial planning advises against such savings.
• B)These savings are much less "high powered" for accumulation purposes.
• C)Young people prefer enjoyment today over what they perceive as a distant concern about retirement.
• D)All of the above.
• E)None of the above.

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Definitions:

Factor(s)

Factors refer to variables or elements that actively contribute to a particular result or situation.

Number Of Treatments

The total count of different treatments or interventions in a study or experiment.

Corn Varieties

Different types or breeds of corn, each with specific characteristics such as yield, maturity time, and resistance to drought or pests.

Control

In experimental design, the standard to which comparisons are made in an experiment, often an untreated group or the current standard treatment.