Question

question 12 (6.6 points)
why is it important to have additional savings besides social security for retirement?
to ensure financial stability during retirement years
it is not important. social security is guaranteed to cover all expenses during retirement.
because social security is not meant to fully replace income but supplement it
to cover unexpected expenses

Explanation:

Social Security is typically designed as a supplement to income in retirement, not a full - replacement. Additional savings help ensure financial stability, cover unexpected costs during retirement.

Answer:

A. To ensure financial stability during retirement years
C. Because Social Security is not meant to fully replace income but supplement it
D. To cover unexpected expenses