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    Analyze the "expert's" responses to the following questions

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    Analyze the "expert's" responses to the following questions:

    Question: How early do you recommend people begin saving for retirement? Would it be too early for my 14-year-old to start saving?

    Expert: It's never too early.

    Question: For a college student , what would you suggest for a savings plan?

    Expert: I'd suggest deciding on a specific amount to set aside each month, then making sure you do it, no matter the temptations not to.

    © BrainMass Inc. brainmass.com December 15, 2022, 6:46 pm ad1c9bdddf

    Solution Preview

    Expert: It's never too early.

    Because of the time value of money, obviously, the earlier you start saving for retirement the more value you'll have for each dollar saved.

    Suppose you save $1 ...

    Solution Summary

    This posting provides the answers to the student's questions.