asked 9.1k views
5 votes
The major financial benefit of beginning your retirement funding early is related to _______. (points : 2) increased cost of living compound interest reduced anxiety inflation

asked
User Yuval
by
7.9k points

1 Answer

4 votes
the major financial benefit of beginning your retirement funding early is related to : Increased cost of living.

The value of money will always dropped. Let's say that in the present time, you could get one hamburger with $1. In the future, it will be more likely that the cost will increase, maybe you need about $ 1.5 - $ 2 to buy a hamburger by the time you retire

hope this helps
answered
User Hpaknia
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.