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Select a retirement savings plan to meet a given personal financial goal.

Number: MA.912.FL.4.AP.4	Category: Access Points
Date Adopted or Revised: 03/23	Standard: Describe the advantages and disadvantages of financial and investment plans, including insurances.

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Description

MA.912.FL.4.4:

Collect, organize and interpret data to determine an effective retirement savings plan to meet personal financial goals using spreadsheets and other technology.

Clarifications:
Clarification 1: Instruction includes students researching the latest information on different retirement options.

Clarification 2: Instruction includes the understanding of the relationship between salaries and retirement plans.

Clarification 3: Instruction includes retirement plans from the perspective of a business and of an individual.

Clarification 4: Instruction includes the comparison of different types of retirement plans, including IRAs, pensions and annuities.

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Access Point #: MA.912.FL.4.AP.4

Related Benchmarks

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