Financial Literacy Theme Four Vocab Review

Louis wants to start preparing for his golden years, and he knows that to do so he must have this to be able to retire comfortably.

• Ticker Symbol

• Liquidity

• Savings

• Return on investment

Sally was excited to find out about this program at work, which her boss was generous enough to include in her compensation package. This will double her investment for her retirement in her 401K fund.

• Investing

• Employer Match

• Traditional IRA

• Return on Investment

Paul learned all about this in his Financial Literacy class, not only the importance of, but his different options for doing so, such as stocks, bonds, and mutual funds.

• Social Security

• Disability

• Liquidity

• Investing

Lisa is a single mother, so the fact that health insurance is a part of this, provided by her boss, is extremely important to her.

• Employee Benefits

• Bonds

• Employer Match

• Stocks

Nick is concerned about the neighborhood he bought a duplex in, worried that this may not be worth it down the road when he goes to sell it.

• Roth IRA

• Liquidity

• Savings

• Risk-Return Trade-Off

Nancy's company, unfortunately, got rid of pensions for their employees, and instead replaced their retirement offering with this. Fortunately, her employer matches her contribution up to 4% per year.

• Savings

• Roth IRA

• 401K

• Traditional IRA

Sue is hoping this is at least 8% annually on her investment portfolio, which includes stocks, bonds, and mutual funds.

• Employee Benefits

• Return on Investment

• Mutual Funds

• Risk-Return Trade-off

Paul has determined this type of retirement plan is right for him because he feels it is better to pay taxes on the money he saves now but knows he will be able to withdraw it tax-free when he retires.

• Traditional IRA

• Investing

• Roth IRA

• Saving

Emily wants to be a part "owner" of Nike, and by buying this, she technically will be.

• Savings

• Bonds

• Stock

• Traditional IRA

Aaron has decided to start investing for his retirement but wants the tax advantages of doing so now as he is raising a young family. He knows he will have to pay taxes on the gains he makes over the years when he retires with this program but he is willing to do so.

• Traditional IRA

• Roth IRA

• Investing

• Employee Benefits