Retirement Planning

What is the goal of retirement savings? 

• To have enough money to pay for your doctor and medications.

• To have enough money to cover all your expenses, and to have some left over for fun.

• To have enough money to pay for trips to the beach and golfing. 

What was just mentioned as an example of an "Employer-Sponsored Account"?

• ROTH IRA

• 401 (k)    RETIREMENT SAVINGS PLAN

• NASDEQ

• IRA

True or False:  By law, an employer must match the contribution of each employee in the "Employer-Sponsored" retirement account.

• True

• False

Which IRA allows you to pay tax at retirement?

• Roth IRA

• Traditional IRA

"The best time to start saving (for retirement) is _________".

• later

• never

• today