Explain the steps in retirement planning

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Reference no: EM133637962

Questions:

1. Why do you need to plan for retirement?

2. List and explain the steps in retirement planning?

3. How does knowing life expectancy help you with your retirement planning?

4. Identify ways in which Social Security can be used in your retirement planning?

5. List the types of employer pension plans and what they include.

6. What is an IRA? Name the advantages and disadvantages.

7. What is estate planning?

8. Name the four documents you need for estate planning and explain each.

9. Identify the types of wills.

10. Define a trust and list the types of trusts. Identify ways in which Social Security can be used in your retirement planning?

Reference no: EM133637962

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