Preparing for the Future Answers

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1
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A savings account is a risky investment.

A
T
B
F
2
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Suburban communities are generally more populous and densely built than urban areas.

A
T
B
F
3

Medicare benefits are primarily useful for housing projects.

A
T
B
F
4

Medicare benefits are restricted to those who _________.

A
Are married and at least 55 years old
B
Are 65 years and older
C
Have at least four grandchildren
D
Have reduced cardiac and pulmonary function
5

When buying a home, it is important to factor in future costs, like ___________.

A
Realtor fees
B
Down payment
C
Utility costs
D
Closing fees
6

Describe the difference between a 401(k) plan and an Individual Retirement Account.

Answer not available
7

Quality of life can include mental, as well as physical, activity level.

A
T
B
F
8

It is a poor investment to have a certain amount of money set aside for emergencies.

A
T
B
F
9

High levels of stress over long periods of time can reduce longevity and career satisfaction.

A
T
B
F
10

Describe the typical costs of a retiree.

Answer not available

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