
Retirement Planning and Saving Strategies

Interactive Video
•
Business, Life Skills
•
9th - 12th Grade
•
Easy

Lucas Foster
Used 7+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to start thinking about retirement early?
Because life expectancy is decreasing.
Because life goes by faster than expected.
Because retirement is not important.
Because it is mandatory by law.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant change in retirement planning due to increased life expectancy?
Retirement periods may now last several decades.
Retirement savings are no longer necessary.
Retirement age has decreased.
Healthcare costs have decreased.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor to consider when planning for retirement?
The current state of the economy.
The potential for living a longer life.
The popularity of retirement destinations.
The availability of luxury goods.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major financial challenge faced during retirement?
Guaranteed pension plans.
Uncertainty of government support programs.
Stable inflation rates.
Decreasing healthcare costs.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of relying solely on government programs for retirement?
They will always provide full support.
They are only available to certain age groups.
They may not exist in the future.
They are guaranteed to increase benefits.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a core principle of saving for retirement?
Spending more than you earn.
Living below your means.
Relying solely on government programs.
Investing only in high-risk stocks.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential use of savings besides retirement?
Gambling.
Paying for daily expenses.
Buying a house or car.
Donating to charity.
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