Jumpstart Your Finances Quiz 4:
Check Your Understanding: Retirement


Check Your Understanding: Retirement

How did you do? You answered [WLQuiz_Total_Correct_Answers name=Check Your Understanding: Retiremen id=4] out of [WLQuiz_Total_Questions name=Check Your Understanding: Retiremen id=4] questions correctly. See the correct answers to each question below:

1) When saving for retirement, what vehicle should you utilize first?

Correct Answer: Anything that gives you matching dollars, like a 401(k). If that isn’t available to you, choose a tax-advantaged option like an IRA or Roth IRA.

2) What’s the guiding principle of retirement investing?
Correct Answer: Take a lessoning amount of risk as you age.

Proceed to Next Lecture