Which person is more likely to have more wealth upon retirement?
A) A person who has invested 5 percent of their income into an equity mutual fund beginning at age 22.
B) A employee who bought some of their company's stock beginning at age 30.
C) A person who has invested 5 percent of their income into a stock portfolio beginning at age 50.
D) A person who has invested 5 percent of their income into government bonds beginning at age 22.
Correct Answer:
Verified
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