Investment Bell Ringer 10

Flashcard
•
Financial Education
•
12th Grade
•
Hard
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4 questions
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1.
FLASHCARD QUESTION
Front
In retirement, it’s common to rely on income from all of the following sources EXCEPT...
Social Security, Pension Income, Investment Income
Back
Government loan
2.
FLASHCARD QUESTION
Front
Which of the following statements is TRUE about the state of retirement in the U.S.?
Most Americans are able to retire at their full retirement age
Many retirees are able to support themselves on Social Security payments alone
The majority of employers offer pension plans for workers
Many people may need to invest to build wealth and to support themselves in retirement
Back
Many people may need to invest to build wealth and to support themselves in retirement
3.
FLASHCARD QUESTION
Front
Eli is planning ahead for retirement. They should consider all of the following factors when determining how much they’ll need in retirement EXCEPT… What age they plan to retire, The lifestyle they want to lead in retirement, How much money they expect to receive through Social Security
Back
The current balance in their checking account
4.
FLASHCARD QUESTION
Front
What is Social Security?
Back
Social Security is a government program that pools contributions from current workers to fund retirement support benefits to those who are eligible.
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