Taylor is a 35-year-old woman who has not yet planned for retirement. She would like to retire at age 70. Answer each question using complete sentences.

Part I: In what type of investments should Taylor deposit her money? Why?
Part II: At what age, or point in your life, would you like to start saving for retirement?
Part III: In what type of investments would you like to deposit your money into when you start saving for retirement? Why?

Question

Taylor is a 35-year-old woman who has not yet planned for retirement. She would like to retire at age 70. Answer each question using complete sentences. 

Part I: In what type of investments should Taylor deposit her money? Why? 
Part II: At what age, or point in your life, would you like to start saving for retirement? 
Part III: In what type of investments would you like to deposit your money into when you start saving for retirement? Why?

anonymous · Answer

can anyone help me with Any of these?

precal · Answer

Part II:  As soon as you are able to, the younger the better

precal · Answer

Types of investments might depend on jobs
some careers offer 401K   those are good because you put money in an account and the employer matches it (or something like that)
Roth IRA  I believe anyone can contribute to those
403B  only some professions may contribute to those

anonymous · Answer

is that 401k considered a defined-benefit plan?