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A couple is reviewing their assets, which will be valuable to them for income as retirement approaches? Their assets are: Checking account: $5,500.00 Savings account:
A couple is reviewing their assets, which will be valuable to them for income as retirement approaches?
Their assets are:
Checking account: $5,500.00
Savings account: $53,000.00
Emergency fund savings account: $45,000.00
House: $475,000.00
IRA balance: $92,000.00
Life insurance cash value: $125,000.00
Investments (stocks, bonds): $750,000.00
Cars: $12,500.00 and $16,000.00
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