
Saving for Retirement
Presentation
•
Mathematics
•
9th - 12th Grade
•
Hard
Joseph Anderson
FREE Resource
6 Slides • 11 Questions
1
Retirement
Intro to Retirement Project
2
Open Ended
What does retirement mean to you???
3
Open Ended
What do people do in retirement?
4
Open Ended
What would you do during your retirement?
5
Poll
What do you think it takes to retire?
Age
Money
Years Worked
6
Open Ended
What do you think is the average age for retirement?
7
What is Retirement?
Retirement, according to the dictionary, means to “withdraw from one's position/job or from an active working life.”
You can achieve retirement when you have sources of income that do not have to be earned by working. This is also called financial independence.
8
According to Dave Ramsey
The average age of retirement is 62 years old.
When he spoke to retirees, only 33% of them retired with their original retirement plan and timeline.
9
Open Ended
What age do you want to retire???
10
Open Ended
Why do you think people go back to work after retirement?
11
Poll
Do you believe people live comfortably off 100% of their paycheck? (Meaning they have enough to pay for bills, food, and leisure activities)
Yes
No
12
Poll
Do you think it would be more challenging or less challenging living off 70% of your income?
More Challening
Less Challenging
13
NerdWallet
(a trusted financial source)
Tells us that people save 70%-90% of their yearly income to maintain a comfortable retirement
14
Open Ended
How much money do you think you'll need to comfortably live on each year?
15
Open Ended
Companies have retirement plans for their employees.
What percent of your income do you think most companies pay you for retirement?
16
Project Details
Use the document to answer guiding questions
Compare retirement plans based on the standard retirement plans, your dream job, a side hustle, and a creative opportunity.
17
In order to know how much money you'll need for retirement,
Multiply the number of years you plan to be retired by your yearly income.
Retirement
Intro to Retirement Project
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