Question

Which of the following investments would be LEAST recommended for retirement savings because of its comparatively low-interest rate?

Stock market

Savings account

Bonds

Mutual funds

Answer 1

Mutual funds

Step-by-step explanation:

Eventhough the savings account interest rates are fairly low, around 2.01% a year, the mutual funds interest rate average in the United States last year was 1.56% so that would be the worst option for you to invest in a low-interest rate retirement savings account.