which of the following statements is not true about retirement planning? a. the earlier in life you start…

which of the following statements is not true about retirement planning? a. the earlier in life you start saving regularly, the more money you will have for retirement. b. you cannot earn compound interest on money that was not saved because it is not retroactive. c. older workers can easily catch up with younger workers to save enough for retirement. d. the more money you save you save regularly, the more money you will have for retirement.

which of the following statements is not true about retirement planning? a. the earlier in life you start saving regularly, the more money you will have for retirement. b. you cannot earn compound interest on money that was not saved because it is not retroactive. c. older workers can easily catch up with younger workers to save enough for retirement. d. the more money you save you save regularly, the more money you will have for retirement.

Answer

Brief Explanations:

Compound - interest and early - saving advantages make A and D true. Compound interest requires saved money, making B true. Older workers have less time to save and may face more financial constraints, so it's not easy for them to catch up with younger workers in retirement savings.

Answer:

C. Older workers can easily catch up with younger workers to save enough for retirement.