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Thirty-year-old Henry tells his wife that he has 51,000,000 saved already. She tells him they should go on a big vacation soon. Henry tells
her. "No. The $1,000,000 is in my 401k account." What is Henry MOST likely saving this $1,000,000 for?
А. to pay his current mortgage
B. to purchase bonds
C. to use during retirement
D. to pay for his education

Thirtyyearold Henry tells his wife that he has 51000000 saved already She tells him they should go on a big vacation soon Henry tells her No The 1000000 is in m class=

Respuesta :

Tundexi

Because the funds is in his 401k account, he is most likely saving the $1,000,000 therein for retirement purpose.

What is 401k account?

A 401k account is an account related to retirement plan where an employees and employers can contribute income for retirement purpose.

Hence,he is most likely saving the $1,000,000 therein for retirement purpose.

Therefore, the Option C is correct.

Read more about 401k account

brainly.com/question/11910495

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