Chapter 12: Investing and Retirement Old

A tax-advantaged investing account that people use to save for retirement

Retirement Planning is the process of figuring out how much money you'll need in retirement and creating a plan

A financial market that trades shares of ownership of public companies

The process of setting money aside to increase wealth over time for long-term financial goals such as retirement

Dividend

Annuity that offers low, guaranteed rates of interest and fixed income payments in retirement

An organization set up to help and raise money for those in need

The total dollar market value of a company

Diversification

Bear Market

Measures the gain or loss generated on an investment relative to the amount of money invested

A list of your investments

An employer-sponsored retirement plan that has a special tax treatment

A description of the investing strategy the mutual fund management company will use to invest your money

Bull Market

An asset that can be easily bought or sold

A type of annuity that can vary in value based on the performance of the mutual funds

Preparation of tasks to mange assets after death

Risk return ratio is a security that represents part ownership or equity in a company

A measurement of a section of the stock market, typically a weighted average of the prices of selected stocks

A will is a legal document listing how a person wants their assets distributed after their death

A qualified retirement savings plan offered by a company