Business, 04.12.2020 05:20 triss6

Which strategy is the best when it comes to investing for retirement for these 25 year olds? A. Juana invests $1,500 a year in her company's 401(k) plan and her company provides a $500 match
every year. Her investment choice: the S&P500 index fund.

B. Francis has a very tight budget and is committed to saving $2,000 a year in his company's 401(k) plan
once he is 35 years old after he has a house and has paid off his student loans.

C. Bill worries about the risks in the stock market so his primary method of saving for retirement is to
set aside $2,000 per year into a savings account.

D. Kamil's company has a 401(k) plan with a match program. He forgot to fill out the paperwork so just
puts $1.500 a year in an IRA. His investment choice is the S&P500 index fund.

Answers: 3

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Which strategy is the best when it comes to investing for retirement for these 25 year olds? A. Jua...

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