the three legged stool deals with____? a) checking accounts, savings accounts, and investment accounts b) checking accounts, savings accounts, and retirement planning c) different types of retirement savings plans d) bugeting, retirement planning, and investment accounts

1 answer

The "three-legged stool" typically refers to a model for retirement planning that involves three primary sources of retirement income. The correct answer in this context is:

c) different types of retirement savings plans

These usually include social security, personal savings, and employer-sponsored retirement plans (like a pension or 401(k)). However, it is important to note that some variations of the model may focus on different aspects of retirement funding.