Podcast
Questions and Answers
Which of the following is NOT one of the three stages of retirement mentioned in the text?
Which of the following is NOT one of the three stages of retirement mentioned in the text?
- Passive
- Active
- Supported
- Inactive (correct)
Which of the following is NOT mentioned as a source of retirement income in the text?
Which of the following is NOT mentioned as a source of retirement income in the text?
- Working into retirement
- Savings accounts (correct)
- Social Security
- Pensions
What are two examples of retirement assets mentioned in the text?
What are two examples of retirement assets mentioned in the text?
- Primary Home and Secondary Home (correct)
- Investment Accounts and Business Interests
- Income producing real estate and Retirement Accounts
- Vehicles and personal property
Which of the following is NOT one of the largest risks in retirement planning?
Which of the following is NOT one of the largest risks in retirement planning?
What is the purpose of the '4% rule' in retirement planning?
What is the purpose of the '4% rule' in retirement planning?
What is a common misconception about retirement spending?
What is a common misconception about retirement spending?
What is the recommended percentage of income to save for retirement, according to many financial planners?
What is the recommended percentage of income to save for retirement, according to many financial planners?
Which of the following is NOT mentioned as a source of retirement income in the text?
Which of the following is NOT mentioned as a source of retirement income in the text?
What is the primary home mentioned as a source of retirement assets?
What is the primary home mentioned as a source of retirement assets?
What are the three stages of retirement mentioned in the text?
What are the three stages of retirement mentioned in the text?
What is the primary risk associated with the 'sequence of returns' in retirement planning?
What is the primary risk associated with the 'sequence of returns' in retirement planning?
What is the purpose of the '4% rule' in retirement planning?
What is the purpose of the '4% rule' in retirement planning?
What is the recommended savings target for retirement, according to the text?
What is the recommended savings target for retirement, according to the text?
What is one way to mitigate the risk of outliving your savings in retirement?
What is one way to mitigate the risk of outliving your savings in retirement?
