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2 years ago

What should investors consider when planning for their retirement?

1 answer:

5 0

Retirement planning should include determining time horizons, estimating expenses, calculating required after-tax returns, assessing risk tolerance, and doing estate planning. Start planning for retirement as soon as you can to take advantage of the power of compounding.

Planning for retirement is making preparations for your future so that you can continue to achieve all of your objectives and desires on your own. Setting your retirement goals, calculating how much money you will require, and making investments to increase your retirement savings are all included in this. Every retirement strategy is different.

Planning for retirement is crucial because it might prevent you from running out of money in later life. Your strategy can assist you in determining the rate of return you require on your assets, the appropriate level of risk, and the maximum amount of income you can safely draw from your portfolio.

Learn more about Planning for retirement here

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A buyer has $20 to spend on rice and beans. Rice costs $2 and beans cost $3 per pound. The buyer is buying the combination of 4

Rainbow [258]

Answer: Buy more of both rice and beans

Explanation: Marginal benefit refers to the additional benefit that a customer get by consuming one additional unit of a commodity.

In the given case, the marginal benefit for the customer is positive for both of the goods. Also if he chooses to but one more unit of anything in place of other than he will not able to use his budget properly.

Thus, from the above we can conclude that the correct option is C.

3 0

3 years ago

As you and your partner report for duty, you check your ambulance and begin talking about the possibility of a terrorist attack.

grandymaker [24]

The most effective and appropriate way to determine the likelihood of this happening is to: stay informed, keep up with the news

6 0

3 years ago

If a small electric automobile manufacturer is able to gain the social return generated by its electric motor, its demand for fi

Law Incorporation [45]

Answer: shift to the left

Explanation:

The social return helps in comparing the value of benefits and the costs to achieving the benefits. The social return is the ratio of net present value of the benefits in comparison to the net present value of the investment or the costs to getting the benefits.

In this case, if a small electric automobile manufacturer is able to gain the social return generated by its electric motor, it would decrease the demand for financial capital which simply means that the demand for financial capital will shift to the left. This shift to the left is as a result of the gain in its social return gotten by the electric motor.

5 0

3 years ago

How can data analytics improve the measurement of employees' performance?

N76 [4]

Data analytics can help improve the measurement of employees' performance by allowing a company, management team and employee understand what they can improve on as a whole and what they are doing correctly. The data analytics will allow a company to analyze their current employee performance and compare it with past performances. This will allow the company and the employees to see what and where improvement is needed.

8 0

3 years ago

A company uses the weighted average method for inventory costing. At the beginning of a period the production department had 20,

DanielleElmas [232]

Answer:

181,500 units

Explanation:

Given that

Beginning work in progress inventory = 20,000 units

The department completed and transferred = 165,000 units

Ending period = 22,000 units

Percentage of completion = 75%

The computation of equivalent units is given below :-

Work in progress of ending period

= 22,000 × 75%

= 16,500 units

So, the equivalent units

= 165,000 + 16,500

= 181,500 units

6 0

3 years ago