Retirement question?
"Give a list of things that will increase monetarily in retirement, and a list of things that will most likely decrease monetarily in retirement" What does this question mean? Should I answer with stuff like "the value of your home increases monetarily" or "the amount in your 401(k) increases monetarily"? I don't understand how to answer this question. Can anyone help? Thanks! thanks a lot mia...you'll get your 10 points once it allows me to do it lol
Public Comments
- Perhaps it means budgetary items so one can more accurately plan how much money they will need in retirement? For example, medical expenses may increase in retirement, while debt payments will decrease (assuming we're all going to get our stuff paid off.) Travel may increase, but clothing may decrease.
