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Terms in this set (9)
People who reach retirement age will have accidents and health issues.
Mr. and Mrs. Smith retired on 80 percent of their pre-retirement earnings. If they are living on $35,000 per year, what was their pre-retirement income?
Mr. and Mrs. Jones plan on retiring on 70 percent of their pre-retirement earnings. If they earned $47,000 the last year before they retired, how much retirement income do they plan on?
According to the presentation, what are situations that can cut into retirement funds?
According to the Web site, you will not need to supplement your Social Security benefits with a pension, savings or investments.
Information you will need in planning for retirement includes your personal goals and the costs for things you might need or want.
What percent of your pre-retirement earnings do most financial advisors say you'll need to comfortably maintain your pre-retirement standard of living?
Being financially prepared for retirement requires planning.
The near-term needs of raising a family can affect one's ability to save for retirement.
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