The life stages of an individual saver include all of the following except:
A) the formative/education developing stage
B) the career earning/family creating stage
C) the wealth building stage
D) the tax minimizing stage

Question

Quizplus · Accepted Answer

The life stages of an individual saver typically include the formative/education developing stage, the career earning/family creating stage, and the wealth building stage. However, the tax minimizing stage is not a commonly recognized stage in the life cycle of a saver. While minimizing taxes is an important consideration at every stage, it is not a distinct life stage in and of itself.

The Life Stages of an Individual Saver Include All of the Following