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A large number of adults live in nursing homes.
Broad Stock Market Index
A financial index that tracks the performance of a wide range of stocks, representing a large segment of the equity market.
U.S. Treasury Bonds
Long-term government debt securities issued by the United States Department of the Treasury with maturities greater than 10 years.
Managed Mutual Fund
A type of investment fund that is professionally managed, where investors pool their money to be invested in a diversified portfolio of securities.
Retirement
The period of one's life after deciding to permanently leave the workforce behind, often associated with reaching a certain age or financial security.
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