Other things being equal,a person typically has the largest pool of savings:
A) upon completing school.
B) during the first year of working full time.
C) immediately before retirement.
D) at the time of death.

Question

Quizplus · Accepted Answer

Typically, a person would have the largest pool of savings immediately before retirement because they have had many years to save up for retirement and may have also accumulated assets such as a house or investment properties. Upon completing school and during the first year of working full time, individuals are typically just starting out in their careers and may have debt or lower incomes, making it difficult to save significant amounts. At the time of death, any savings would likely be distributed to heirs or beneficiaries.

Other Things Being Equal,a Person Typically Has the Largest Pool