Which financial planning concepts should be helpful to a couple planning for how much money to start saving for their retirement?
A)Reinvesting
B)Compound interest
C)Future values
D)Present values
E)All of the above

Question

Quizplus · Accepted Answer

All of the above concepts (reinvesting, compound interest, future values, and present values) are important to consider when planning how much money to save for retirement. Reinvesting can allow for larger returns on investments over time, compound interest can help savings grow more quickly, and future and present values can help calculate how much money will be needed for retirement expenses.

Which Financial Planning Concepts Should Be Helpful to a Couple