Many people tend to be too conservative when investing their retirement funds this is true
- Medical expenses. Most of us will experience rising medical costs as we age, which could be problematic without adequate preparedness.
- Market turbulence, inflation, and so on
- Running out of money, losing a spouse, etc.
- Rising inflation, shifting interest rates, erratic stock market behavior, and ineffective retirement plans are just a few examples of financial hazards.
- Neglecting Your Long-Term Plan. It's far too simple to be seduced by busy markets and promises of substantial rewards.
- Taking out loans against retirement funds, skipping required minimum distributions, etc.
Learn more about medical expenses here brainly.com/question/14152634
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Answer: You need to subtract the following then add what you have left.
Explanation: For example if you had $300 and you spent 200 you have $100 left
A) 2,679.45
B) 50,909.55
C) 1,071,780
Explanation:
The bank will keep 5% of the deposit:
53,589 x 5% = 2,679.45
Then, it will have in excess the remainder:
53,589 - 2,679.45 = 50,909.55
This amount can be used for another.
This makes a hypothetical loop. The borrower can also deposit and creating the chance or another loan and so on. The cycle repeats indefinitely
The maximum amount of new money can be determinate as follow:
53,589 / 0.05 = 1,071,780
1- Define how you want to be perceived
2- Organize your business based on this promise
3- Communicate your promise
4- Be consistent
