In order to maintain living standards in retirement, what percent of annual
If an investor could set aside $50 each month for retirement, how much might that end up becoming in 25 years, including interest if it grew at the historical stock market average?
|A. About 3% |
B. About 6%
C. About 9%
D. About 12%
E. About 15%
|A. About $15,000 |
B. About $30,000
C. About $40,000
D. About $50,000
E. More than $60,000
Roughly how much do many financial professionals suggest people think about saving by the time they retire?
Which of the following do you think is the single biggest expense for most people in retirement?
|A. About 2-3 times the amount of your last income |
B. About 4-5 times the amount of your last income
C. About 6-7 times the amount of your last income
D. About 8-9 times the amount of your last income
E. About 10-12 times the amount of your last income
|A. Housing |
B. Health Care
E. Discretionary expenses
Check your answers below. Did you miss any of these questions? Are you still unsure about any of these topics? If so, don’t let this pop quiz burst your bubble!
1. E. About 15%.
2. C. About $40,000.
3. E. About 10-12 times
4. A. Housing.
This quiz was created by Fidelity Investments.
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