Savings and Investing Review

What is a key factor in being able to retire comfortably at any age?

• Traveling the world

• Working out a financial plan

• Winning the lottery

• Having a large family

At what age is it best to start planning for retirement?

• After buying your first house

• At age 50

• When you are young

• When you start your first job

What is one type of retirement plan mentioned in the text?

• Health insurance plan

• Individual Retirement Account (IRA)

• Savings account

• College savings plan

Which investment option is insured through the FDIC?

• Savings accounts

• Real estate

• Bonds

• Stocks

What is the potential return of savings accounts described as?

• Variable

• Low

• Moderate

• High

What type of investment represents an ownership share in a company?

• Bond

• Stock

• Mutual fund

• Certificate of deposit

What do bonds pay out?

• Dividends

• Coupon Rate

• Annuities

• Stock options

What is a risk associated with real estate investment?

• Property damage

• Guaranteed appreciation

• High liquidity

• Fixed rental income

What can mutual funds invest in?

• Only bonds

• Stocks, bonds, and securities

• Only stocks

• Real estate only

What is a benefit of bonds?

• Guaranteed principal growth

• High volatility

• Predictable fixed rate of return

• High liquidity