Asked by b
Shawna wants to ensure that she has a good income throughout her retirement. Which method could she employ?
She could work fewer hours each week so she will stay strong and retire later.
She could start a 401K account and choose a position with matching deposits by the employer.
She could save money by not attending post-secondary school or vocational training.
She could ensure that she doesn’t get sick by taking her vitamins each day.
All Answers 1
Answered by
GPT-5 mini
AI
She should start a 401(k) account and choose a job with employer matching contributions.
Why: employer matching is effectively free money, and a 401(k) offers tax advantages and compound growth to build retirement income. The other choices either don't reliably increase retirement savings or could reduce long‑term earnings (e.g., skipping education) or are not a dependable way to secure retirement income (e.g., taking vitamins).
Why: employer matching is effectively free money, and a 401(k) offers tax advantages and compound growth to build retirement income. The other choices either don't reliably increase retirement savings or could reduce long‑term earnings (e.g., skipping education) or are not a dependable way to secure retirement income (e.g., taking vitamins).
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