Answered

The best thing you can do when planning for your retirement is to:

A. Start saving at as young an age as possible.
B. Be aware that Social Security will provide a comfortable retirement income.
C. Avoid taking any company match in your 401k as it reduces the amount of money you get paid.
D. Spend all of your paycheck on things you want now rather than saving for something up to 30 years from now.

None of these are important things to do when planning for your retirement.



Answer :

GinnyAnswer

Final answer:

Starting to save early and not relying solely on Social Security is crucial for a secure retirement.


Explanation:

Starting to save for retirement at a young age is crucial. The earlier you begin saving, the more time your money has to grow through compound interest. Social Security alone is not sufficient to fund a comfortable retirement, emphasizing the importance of personal savings.


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