Which of the following is not a stage in the individual savings life cycle?
A) Career starting/family creating
B) Formative/education developing
C) Death planning
D) Retirement enjoying

Question

Quizplus · Accepted Answer

Death planning is not typically considered a stage in the individual savings life cycle. The other stages listed—career starting/family creating, formative/education developing, and retirement enjoying—are common stages in which individuals may focus on saving money for various goals, such as buying a home, paying for education, or preparing for retirement.

Which of the Following Is Not a Stage in the Individual