In order to maintain living standards in retirement, what percent of annual income do financial professionals think people should save? A - About 3% B - About 6% C - About 9% D - About 12% E - About 15% If an investor could set aside $50 each month for retirement, how much might that end up becoming 25 years from now, including interest if it grew at the historical stock market average? A - About $15,000 B - About $30,000 C - About $40,000 D - About $50,000 E - More than $60,000 Roughly how much do many financial professionals suggest people think about saving by the time they retire? A - About 2-3 times the amount of your last full year income B - About 4-5 times the amount of your last full year income C - About 6-7 times the amount of your last full year income D - About 8-9 times the amount of your last full year income E - About 10-12 times the amount of your last full year income Which of the following do you think is the single biggest expense for most people in retirement? A - Housing B - Health care C - Taxes D - Food E - Discretionary expenses About how much will a couple retiring at age 65 spend on out-of-pocket costs for health care over the course of retirement? A - $50,000 B - $100,000 C - $170,000 D - $260,000 E - $350,000 Time's up