1. Planning for retirement in style They say it's easy to retire: Just stop working! Today's workers will live longer and have higher expectations for their standard of living in their later years than their parents or their grandparents did. the investment To meet the goal of enjoying a good lifestyle after retiring-or to simply support yourself-the the more likely you are to meet those goals. True or False: A wise retirement investment decision would be to borrow from your existing retirement fund to invest in a speculative venture that promises a high return. True or False A wise retirement investment decision would be to borrow from your existing retirement fund to invest in a speculative venture that promises a high return True False As you get closer to retirement, usually around age you should adjust your retirement investment portfolio to be order to protect it against market fluctuations I'm Young - Should I Really Start Retirement Investing Now? Consider the following scenario. You and a friend just finished school and started your first jobs. You've been offered the optic to enroll in the company's retirement plan, to which you can contribute up to 5% of your pretax income. You accept the offer but your friend is thinking about declining, saying that there'll be plenty of time to adequately build a sufficient nest egg he waits until he's 45 to start Investing for retirement. For the wisest and most sound retirement planning, what do you advise your friend to do? Don't declinel Accept the offer Decline. You'll probably be earning more then Why would you advise your friend to do that? Retirement investing at any age is better than not at all, but the younger you are, the greater the compounding benefit You have better things to do with your money while you're young