Investment Bell Ringer 10

Investment Bell Ringer 10

Assessment

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.