Government programs, like Social Security, can be an important source of income during retirement.
How can the instability of government programs affect your retirement planning?
Choose 1 answer:
Choose 1 answer:
(Choice A) The instability of government programs does not affect retirement planning.
A
The instability of government programs does not affect retirement planning.
(Choice B) The instability of government programs may cause you to rely more on personal savings for retirement.
B
The instability of government programs may cause you to rely more on personal savings for retirement.
(Choice C) The instability of government programs can make it easier to plan for retirement.
C
The instability of government programs can make it easier to plan for retirement.
B
The instability of government programs may cause you to rely more on personal savings for retirement.
If government programs like Social Security are not stable or reliable, individuals may need to rely more on their personal savings and retirement accounts to ensure financial security during retirement. This can require more careful planning and saving to account for potential fluctuations in government benefits.