In goal planning,you generally match the savings vehicle to the time when the money is needed;for example,short-range goals are funded with low-risk investments.

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This statement is true. Short-range goals, which may require the money in the next 1-3 years, are typically funded with low-risk investments such as savings accounts or money market funds. In contrast, long-term goals can be funded with higher risk investments because there is more time to ride out market fluctuations.

In Goal Planning,you Generally Match the Savings Vehicle to the Time