Which of the following would be classified as a medium-term goal?
A)Saving a down payment to purchasing a house in three years
B)Buying new clothes to begin school this month
C)Retiring in 10 years
D)Paying for your two-year-old child's college education

Question

Quizplus · Accepted Answer

A medium-term goal is typically something that can be achieved within a timeframe of 2-5 years. Saving for a down payment on a house within three years fits this definition. The other options either have a shorter or longer timeframe than what would be considered medium-term.

Which of the Following Would Be Classified as a Medium-Term