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People need to develop a financial plan to accomplish their retirement goals. True False

User Fatboy
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6.1k points

2 Answers

5 votes

Answer:

True

Explanation:

The reason I say this is because of the fact you can't go into retirement without knowing how much your going to get. You need to create a financial plan stating how much you will get and how much you have saved prior to this occurence.

Hope This Helps :)

User Fatih
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5.5k points
7 votes

Answer: True

Step-by-step explanation: People need to develop a plan to overcome the effects of taxation, inflation, and purchasing power risk. In addition, people need to coordinate their company benefits with a personalized financial plan. Because there are many complexities in dealing with the stock market and real estate, you need to have a properly constructed financial plan.

User Fred Bergman
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6.5k points