Retirement Planning
From the first and second e-Activities, discuss what you believe your retirement needs will be and key ways in which an IRA can help you reach your retirement goals. Determine which type of IRA would be best for you. Provide a rationale for your rationale.
From the third e-Activity, choose two (2) types of retirement plans. Identify the features and benefits of each plan. Discuss which retirement plan you believe will best suit your financial needs when you retire. Provide a rationale for your response.
Week 9 Discussion 2
Please respond to the following:
Annuities
Carl is considering investing in annuities as part of his retirement strategy. Explain two (2) aspects related to his future financial needs as a retiree that he should consider before he invests in annuities. Provide two (2) specific examples of types of annuities best suited to Carl to support your rationale.
Describe two (2) factors of an annuity that would make it a potential investment for you. Provide a rationale for your response.