Question

The near-term needs of raising a family have no effect on a person's ability to save for retirement.

a. True
b. False

Answer 1

True. Sometimes, the art of budgeting is a necessity in family set-ups. This way when retirement approaches there is room for extra expenses and money is available for leisure. The demands of family life is very hectic and one must always learn how to manage those demands.

Answer 2

Correct answer choice is :

A) True

Step-by-step explanation:

Retirement is the abandonment from one's position or job or from one's active working life. A person may also semi-retire by decreasing work hours. An increasing number of individuals are willing to put off this point of total retirement, by choosing to endure in the emerging phase of Pre-retirement.