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The most important financial planning for young people after finding their suitable job concerns : a....

The most important financial planning for young people after finding their suitable job concerns :
a. investment.
b. taxes.
c. career.
d. insurance.
e. retirement.

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Answer #1

e. retirement.

After finding suitable jobs, young people must invest their time in financial planning for retirement. This is a very important aspect since this is the period during which they can invest and save sufficient funds to be able to have a fulfilling retired life. They need to plan the funds needed at retirement and plan the investments accordingly.

Investment is based on the final funds required at retirement.

Taxes are an expense and cannot be controlled much.

Career planning is not part of financial planning.

Insurance is a coverage for unexpected events and is important but retirement planing drives the financial planning.

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