Why your 40s are a great time to boost retirement savings

Why your 40s are a great time to boost retirement savings

Assessment

Interactive Video

Life Skills, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial provides a comprehensive guide to retirement planning, emphasizing the importance of maximizing earnings and setting specific financial goals. It highlights the need for balancing financial responsibilities in your 40s, such as family and mortgage, while keeping retirement savings in focus. The tutorial stresses the significance of budgeting and investment strategies, offering scenarios to illustrate potential retirement outcomes. It encourages viewers to review and adjust their financial plans regularly and provides tips for different life stages.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How can a 40-year-old with $150,000 already invested reach $1 million by retirement?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What should individuals do if they cannot make changes to their retirement plan at the moment?

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