Advise the Sampsons on the maturity to select if they decide to invest their savings in CDs for their children's education. Discuss the advantages or disadvantages of the maturity that you recommend the Sampsons use to save for their children's education needs.
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2. Advise the Sampsons on the maturity to select if they decide to invest their savings in CDs for their children's education. Discuss the advantages or disadvantages of the maturity that you recommend the Sampsons use to save for their children's education needs.
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- Make a timeline and your plan of action on how you will invest or save money for your future in order to save yourself from financial hardships.Kindly help on these questions. 1. What are some recommendations methods for raising sufficient capital.? 2. What are some recommendations for retirement plans and employee benefit options.?As a middle-class individual, why would you prioritize saving for a retirement fund than imburse to present investments that increase income.
- Lenny is setting her investment journey. What is the first step she should take to reach her financial goals? Make a list of her goals and prioritize them List down available financial products. automate insurance Evaluate her financial position and budget.10. The reasons of buying life insurance are: i. To ensure immediate family members are able to maintain the same standard of living upon the demise of the breadwinner ii. To ensure the policyholder has extra income when his earnings are reduced due to serious illness or accident iii. To finance children education iv. To have a saving plan for the future and have a constant source of income upon retirement A. i and ii B. i,ii and iii C. i,i and iv D. All of the aboveHow should one consider the time value of money when planning for retirement? Please share examples within your response.
- Describe how Social Security is a “pay-as-you-go” system. How do dependency ratios help us project future contributions to and payouts from Social Security? Can Social Security continue to run as a purely pay-as-you-go system in the future? Explain.o Describe in detail how you are financing your college education. Include sources like scholarships, loans, family contributions, part- time jobs, savings, grants, etc. o How did you secure these financial resources? What challenges did you face in the process?Adapting to a low-interest-rate environment. A retired couple has expressed concern about the really low interest rates theyre earning on their savings. Theyve been approached by an adviser who says he has a sure-fire way to get them higher returns. What would you tell this retired couple about a low-interest-rate environment, and how would you recommend them to view the advisers new prospective investments?
- Q5) Planning for protection needs ensures that _______________. a. there will be sufficient financial resources for one’s retirement b. there will be sufficient savings to purchase a new home c. the children’s education expenses will be well planned for d. all financial obligations can be met in the event of death, disablement or critical illnessWhy do you think people have such a hard time with long-term goals like saving for retirement, getting life insurance or estate planning, yet see the need and importance for this type of think for small things?Assume this individual's friend decides to pursue postsecondary education. What are two types of financial aid that the friend could apply for that do not have to be repaid?