3.9 EXIT TICKET- Importance of Investing for Retirement

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1. In retirement, it’s common to rely on income from all of the following sources EXCEPT...

• Social Security
• Pension Income
• Government loan
• Investment Income

2. 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

3. 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 current balance in their checking account
• The lifestyle they want to lead in retirement
• How much money they expect to receive through Social Security