Coronavirus Cash Crisis: Should I Alter My Retirement Accounts?

Coronavirus Cash Crisis: Should I Alter My Retirement Accounts?

Assessment

Interactive Video

Life Skills, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the importance of maintaining a long-term investment strategy for retirement accounts, emphasizing regular contributions to a 401K. It highlights the challenges of timing the market and advises sticking to a plan that balances growth and risk. The video also provides specific advice for millennials, encouraging them not to panic and withdraw investments during market volatility, as they are likely decades away from retirement.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice is given to individuals who are decades away from retirement?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What should individuals avoid doing during market downturns?

Evaluate responses using AI:

OFF