How would you compare a medium-term savings goal to a long-term savings goal? Select the best answer
A medium-term goal focuses on saving for large purchases; a long-term goal focuses on saving for retirement.
A medium-term goal focuses on building an emergency fund; a long-term goal focuses on building a retirement fund.
A medium-term goal focuses on saving for retirement; a long-term goal focuses on saving for emergencies.
A medium-term goal focuses on saving for large purchases; a long-term goal focuses on saving for an emergency