1. Why might someone who is just starting out prefer a regular savings account to a CD?
- Because if you are just starting out, you dont know exactly how much money you are going to be making, so it wouldnt be smart to put a fixed amount into a CD.
2. Explain why you should start contributing to a retirement plan as soon as you can.
- Becuase social security, even combined with retirement plans from your employer rarely provides sufficient income for the retirement years.
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