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Kim and Chris have been married for 18 years. Over that time, they have been saving aggressively for their future retirement. Kim has a fully
Kim and Chris have been married for 18 years. Over that time, they have been saving aggressively for their future retirement. Kim has a fully taxable brokerage account with an online broker, whereas Chris has his own taxable brokerage account with a major Wall Street firm. They both also have a 401(k) plan. Kim has a Roth IRA, and Chris has a traditional IRA. They are wondering the best place to hold certain assets. In general, Kim and Chris should hold assets that produce ordinary income in the and assets that have the highest potential for growth in the _ _ to take advantage of the tax benefits of certain accounts. O traditional IRA; brokerage account O Roth IRA; traditional IRA O brokerage account; Roth IRA O traditional IRA; Roth IRA Wayne and May, who are both in their early 40s, have been happily married for nearly 20 years. While they have been saving some money for their eventual retirement, they know they are well short of what they need. Given their age, what percent of their income should they devote to retirement savings in order to make sure that they reach their retirement income goal? O 15% - 25%. O 10% - 15%. O More than 50%. 25% - 40%
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