{"id":4643,"date":"2023-06-16T02:14:47","date_gmt":"2023-06-16T02:14:47","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/?post_type=chapter&#038;p=4643"},"modified":"2024-10-18T20:55:54","modified_gmt":"2024-10-18T20:55:54","slug":"retirement-planning-apply-it-2","status":"web-only","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/chapter\/retirement-planning-apply-it-2\/","title":{"raw":"Retirement Planning: Apply It 2","rendered":"Retirement Planning: Apply It 2"},"content":{"raw":"<h2>Road to Retirement: Navigating the World of Retirement Planning with Talia Cont.<\/h2>\r\nTalia is interested in the stock market. She has picked up a few things in her career and knows how to read stock charts and tables. She has decided to buy her first stock.\r\n\r\n<section class=\"textbox tryIt\">[ohm2_question hide_question_numbers=1]9662[\/ohm2_question]<\/section>Talia buys [latex]120[\/latex] shares in the XYD company for [latex]$15.50[\/latex] per share. She wants to figure out how much money she could make if in a year, she sells those [latex]120[\/latex] shares for [latex]$20.75[\/latex] per share.\r\n\r\n<section class=\"textbox tryIt\">[ohm2_question hide_question_numbers=1]9664[\/ohm2_question]<\/section>Talia's investment strategy isn't just about her 401(k) or her investment portfolio. It's also about understanding the role of Social Security benefits in her retirement plan.\r\n\r\n<section class=\"textbox tryIt\">[ohm2_question hide_question_numbers=1]9666[\/ohm2_question]<\/section>By helping Talia, you're reinforcing your understanding of retirement planning and its key aspects, which are crucial for your own financial future. Consider your retirement savings right now. Do you have a 401(k) through your employer? Do you have an IRA (either traditional or Roth) that you started on your own? Do you have money in a another form of longer term saving or investment? It is never too early or too late to start planning for retirement.","rendered":"<h2>Road to Retirement: Navigating the World of Retirement Planning with Talia Cont.<\/h2>\n<p>Talia is interested in the stock market. She has picked up a few things in her career and knows how to read stock charts and tables. She has decided to buy her first stock.<\/p>\n<section class=\"textbox tryIt\"><iframe loading=\"lazy\" id=\"ohm9662\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=9662&theme=lumen&iframe_resize_id=ohm9662&source=tnh\" width=\"100%\" height=\"150\"><\/iframe><\/section>\n<p>Talia buys [latex]120[\/latex] shares in the XYD company for [latex]$15.50[\/latex] per share. She wants to figure out how much money she could make if in a year, she sells those [latex]120[\/latex] shares for [latex]$20.75[\/latex] per share.<\/p>\n<section class=\"textbox tryIt\"><iframe loading=\"lazy\" id=\"ohm9664\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=9664&theme=lumen&iframe_resize_id=ohm9664&source=tnh\" width=\"100%\" height=\"150\"><\/iframe><\/section>\n<p>Talia&#8217;s investment strategy isn&#8217;t just about her 401(k) or her investment portfolio. It&#8217;s also about understanding the role of Social Security benefits in her retirement plan.<\/p>\n<section class=\"textbox tryIt\"><iframe loading=\"lazy\" id=\"ohm9666\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=9666&theme=lumen&iframe_resize_id=ohm9666&source=tnh\" width=\"100%\" height=\"150\"><\/iframe><\/section>\n<p>By helping Talia, you&#8217;re reinforcing your understanding of retirement planning and its key aspects, which are crucial for your own financial future. Consider your retirement savings right now. Do you have a 401(k) through your employer? Do you have an IRA (either traditional or Roth) that you started on your own? Do you have money in a another form of longer term saving or investment? 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