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question 5 of 5
i will save money for retirement by depositing a little money from each paycheck over the next forty years. which part of a smart goal is this statement most likely missing?
attainable
time - based
specific
realistic
SMART goals require Specific, Measurable, Attainable, Relevant, Time-based criteria. The statement includes a time frame ("next forty years") so it is not missing Time-based. It implies attainability/realism by referencing small, regular deposits, but lacks a specific amount of money to deposit from each paycheck, which falls under the Specific component.
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Specific