Yes, You Can Retire Quiz 4:
Check Your understanding: Social Security,
Health Insurance, and Long-Term Care
Check Your understanding: Social Security, Health Insurance, and Lon-Term Care
How did you do? You answered [WLQuiz_Total_Correct_Answers name=Yes You Can Retire Map Q4: Check Your understanding: Social Sec id=9] out of [WLQuiz_Total_Questions name=Yes You Can Retire Map Q4: Check Your understanding: Social Sec id=9] questions correctly. See the correct answers to each question below:
Proceed to Next Lecture
1)Why would you delay taking Social Security benefits?
Correct Answer: Because it will increase your benefit amount.
2) What is the ideal age to purchase long-term care insurance?
Correct Answer: 50s
3) Who is a good candidate for long-term care insurance?
Correct Answer:Someone who has assets of more than $500,000 but less than $3 million.
4) What is a health savings account?
Correct Answer:An account linked to a high deductible health insurance plan that allows you to save money on a tax-advantaged basis for future medical costs.
Proceed to Next Lecture
-
SECTION 1: Getting Started
-
SECTION 2: Planning for Retirement
-
SECTION 3: Managing Savings and Expenses in Retirement