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Long-term savings strategies include:
A. opening up a low-interest savings account.
B. setting aside money for an emergency.
C. making a household budget each month.
D. investing money in a 401(k) plan.

Respuesta :

chickenbuttboo

Answer: I think it’s D

because your 401(k) plan is basically a retirement plan and certain job you can’t retire till your like 50/60 depending on how long you’ve worked there

Explanation:

gauravsingh23VT

Investing money in a 401(k) plan is included in the Long-term savings strategies, as investing gives long term profit.

What are the ways of long term savings strategies?

Some of the ways from which a person gets long term saving are-

  • First, get ready for crises. Whatever the financial objectives, setting aside money for emergencies need to be your top concern.
  • Decide on a savings goal.
  • Give the names of your investments and savings.
  • Get the appropriate kind of investment/savings accounts.
  • Regularly review your long-term savings.

Thus, option D is correct.

For more details about long term savings strategies, click here:

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