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Ch 14: Assignment - Planning for Retirement They say it's easy to retire-but retire in style, that's the difficult part! To plan for retirement you will need to learn about budgets, taxes, investments and the basics of retirement planning. To realize your retirement dreams and to have all financial resources in place, you must begin planning for retirement by True or False: A wise retirement investment decision would be to borrow from your company's retirement fund to invest in a speculative venture that promises a high return. O True O False Choices, choices, choices ... Consider the following scenario: You started your first job. Each month, you have an extra $350 left over after paying bills. Your friend advises that you should put $175 toward the Aspen Economy Ski offer and put the rest in a savings account. Should you spend $175 on an economy ski package and put the rest in a savings account? Yes. I'm going skiing and saving for my retirement! No. If I use the entire $350, I can buy a better ski package! having extra money to begin saving. making a commitment to begin saving today