1. In 1974, 89 percent of contributions to retirement plans came from businesses, while 11 percent came from workers. In 2000 the percentages had changed. What percentage of retirement contributions came rom businesses in 2000? What percentage came from workers? Why did the percentages change?
2. What happens if people's planning for retirment does not provide enough income?
people get other jobs to survive and stuff and pay off bills like there house payments or rent or like water and other bills like that
3.When a business enters bankruptcy(Chapter 11), which gets paid first -- workers' pensions or debts owed to banks? Why is this the case?
4. According to the film, are people with high incomes or people with low incomes more successful in investing their retirement incomes? What are the implications of this finding?
people with high incomes are more successful in investing their retirement incomes
because the people with the higher income get more money after they retire and the people with less income make less money cuz they don't make enough to start saving money for their retirement
5. Many people's retirement plans last seven to eight years after they stop working. But studies show that peole live up to 17 to 18 years after retirment. What options are there for people in the United States who out live their savings?
Some people options would be to probably get another job to help out with bills and stuff so they can still live there lives and not live out on the streets because they ran out of thei savings i guess it would be easier to get another job thats the only reason i can think of or they live off their S.S thing cuz they dont have an more of their savings
6. What factors do you think might keep people from saving enough money for retirement?
Probably from things they read where they thought they didnt have to save much much and the money they saved will grow over the years but it barely grew so they ran out of money faster so than they were thinking to themselves that they should have saved more money anyways no matter what they read or because they wait to long to start saving money for retirement and since they do that they run out of money faster
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment