Once You Retire, the First Step in Stretching Your Retirement

question 134

Multiple Choice

Once you retire, the first step in stretching your retirement income is to make sure that you are:

• A) contributing to Social Security.
• B) covered by an employer pension plan.
• C) contributing to a 401(k) plan.
• D) saving funds in an IRA.
• E) receiving all of the income to which you are entitled.

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Definitions:

Resilient

The ability to quickly recover from difficulties; toughness.

Successful

Achieving desired aims or attaining prosperity.

Accept Help

The willingness to receive assistance or support from others, which can be critical for overcoming challenges or achieving objectives.

Develop Resilience

The process of building the capacity to recover quickly from difficulties or adapt to challenging circumstances.