Bloomberg Personal Finance Editor Suzanne Woolley talked about retirement planning and financial literacy.
Description
Bloomberg Personal Finance Editor Suzanne Woolley talked about financial literacy, the rate of inflation, elevated health care costs and other concerns that factor into effective retirement planning.
Bell Ringer Assignment
Which factors does Ms. Woolley suggest contribute to many people under-saving for their retirement?
Explain the concept of compounding interest.
Why does Ms. Wooley suggest that inflation is important to factor into your retirement savings plan?