6
QuizMultiple Choice

Saving and Investing

Question 6 • WA-Financial Education

Nicolau has just started working and wants to wait 10 years to start investing in a retirement account.Why should he consider starting right away?

Answer
A
He will have to go through a long application process.
B
He will have to wait longer to withdraw the money at retirement.
C
He will accumulate more money due to interest.
D
He will be able to use the money for short-term goals if needed.
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Nicolau has just started working and wants to…