Life-Cycle Saving Is Saving

Multiple Choice

Life-cycle saving is saving

A) to meet long-term objectives,such as retirement,college attendance,or the purchase of a home.
B) for protection against unexpected setbacks,such as the loss of a job.
C) for the purpose of leaving an inheritance.
D) to pay life-insurance premiums.
E) by older people to induce younger people to care for them.