Question

Which of the following are likely to be prioritized financial goals of someone who has just had a baby? Select the two correct answers.

1. maximizing retirement savings

2. increasing life insurance to cover mortgage, debts, healthcare, and education

3. long-term care insurance

4. saving for college for their children

downsizing

Answer 1

Answer:

1. increasing life insurance to cover mortgage, debts, healthcare, and education

4. saving for college for their children

Answer 2

Saving for college and children