Which of the following is an example of a short-term goal? a. increase your yearly income within two years b. save money for retirement c. save money to buy a car d. add $200 to your savings account by the end of the year

Assuming your retirement is more than 2 years away, and that your car purchase is not before the end of the year, the shortest-term goal of those listed is ...

... d. add $200 to your savings account by the end of the year

As a teenager, "short term" may be a matter of a week or two. As a middle-aged adult, both your life-lived and life-expectancy are somwhat longer, so "short-term" can be somewhat longer as well. In old age and failing health, "short-term" may again be a matter of a few weeks at most. Such concepts are tempered by perspective.

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