Retirement

At what age should you start fitting a savings plan into your financial strategy?

• 10s

• 20s

• 80s

• 90s

Which of the following ages is best suited for starting a retirement income plan?

• 40s

• 50s

• 70s

• 30s

Which age group would most benefit from adjusting their savings plan?

• 70s

• 80s

• 30s

• 90s

Which age range typically continues their savings plan into mid-career?

• 20s

• 40s

• 70s

• 80s

In what decade of life does retirement income planning generally begin?

• 30s

• 60s

• 70s

• 50s

Which of the following is an important personal retirement question?

• What type of taxes will you owe?

• What type of lifestyle do you envision for yourself?

• How much interest do your savings earn annually?

• What is the inflation rate?

Which question helps define your retirement location goals?

• What is your mortgage payment?

• Where do you want to live?

• What state has the best tax laws?

• How many kids do you have?

Asking “Do you want to continue working part-time?” helps clarify what aspect of retirement?

• Health planning

• Lifestyle choice

What question might reveal your interest in pursuing hobbies post-retirement?

• Are you prepared for emergencies?

• Are there new interests you'd like to pursue?

• Do you have a medical plan?

• Do you plan to remarry?

What question helps you plan for large financial outflows during retirement?

• Are you hoping to make any large purchases?

• Do you want to donate to charity?

• Are you debt-free?

• Will you downsize your home?