What is the main financial challenge discussed in the introduction?

Financial Planning for Aging Parents

Interactive Video
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Business
•
9th - 10th Grade
•
Hard

Jackson Turner
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Supporting aging parents
Buying a new house
Investing in stocks
Paying off student loans
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of people over 55 have no retirement savings?
33%
25%
50%
10%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 'Just In Case' document?
A document detailing financial assets and contacts
A document outlining emergency contacts
A document for travel plans
A document listing family medical history
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential downside of giving direct cash gifts to parents?
It is illegal
It might create discomfort
It is too complicated
It can lead to tax issues
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you ensure before committing financial support to your parents?
That you can afford it
That your siblings agree
That you have a stable job
That your parents ask for it
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a non-monetary way to help parents financially?
Helping them write a budget
Giving them a credit card
Buying them a car
Paying their bills
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of seniors do not fully own their homes?
65%
75%
55%
45%
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