brooklynvillarreal
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If you start investing for retirement when you are 20, investing 10% of your income normally makes sense if you want to build a satisfactory retirement plan. But if you wait until you are over 40 to start investing, you would normally have to invest 25% of your income to build a satisfactory retirement plan.

TRUE OR FALSE

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lisafoolin

It should be true I think

TRUE, yes your income to build a satisfactory retirement plan.

What are the main retirement plans?

Examples of defined contribution plans include 401(k) plans, 403(b) plans, employee stock ownership plans, and profit-sharing plans. A Simplified Employee Pension Plan (SEP) is a relatively uncomplicated retirement savings vehicle.

What is the safest retirement investment?

The safest place to put your retirement funds is in low-risk investments and savings options with guaranteed growth.

Low-risk investments and savings options include fixed annuities, savings accounts, CDs, treasury securities, and money market accounts. Of these, fixed annuities usually provide the best interest rates.

To learn more about retirement plan, refer

https://brainly.com/question/20475582

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