Question

Which factors positively affect lifetime income? Check all that apply.
•post-secondary education
•employee benefits
•salary
•vocational training throughout career
•high cost of living
•early retirement

Answer 1

Answer: post-secondary education

employee benefits

salary

vocational training throughout career

Explanation:

A lifetime income is the income that individuals earn throughout their lifetime.

The factors that positively affect the lifetime income of an individual are the post-secondary education, salary, employee benefits and the vocational training throughout career.

High cost of living and early retirement negatively affect the lifetime income of an individual.

Answer 2

The factors that impact lifetime income in a positive way is post-secondary education , employee benefits , salary, and vocational training throughout career.

The following information should be considered:

• The lifetime income is the income in which the individual earn all over their lifetime.
• The high living cost, early retirement does impact in the negative way,

Therefore we can conclude that the factors that impact lifetime income in a positive way is post-secondary education , employee benefits , salary, and vocational training throughout career.

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