UNIT #5 – SPENDING
ASSIGNMENT: K M – Getting a Credit Card – MATH AND READING QUIZ
KNOWLEDGE MATTERS HINTS:
LESSON: Investing for Retirement
Contribute 15% of your salary to your 401K. Run the sim forward until you achieve a retirement portfolio value of at least $20,000.
After increasing your 401K payroll deduction to 15% as described in the lesson instructions, run the sim forward through early 2024 when you will achieve the goal.
LESSON: Risk vs Return
Invest an additional $1,000 in your Finality U.S. stock fund and run the simulation until your portfolio reaches $4,000 in value.
Purchase $1,000 of the Finality US Stock Fund. Run the sim forward into 2025 when the goal is met.