Personal Finance 2007Chapter 11:
Real Estate and Other InvestmentsNAF Case StudiesAfter working 50 years, Ophelia and Jorge retired. They had planned to retire ten years earlier, but realized that they hadn't prepared as well as they should have for retirement. Now they are living on their savings, a small pension, and social security. At age 66, Ophelia and Jorge will probably live at least 20 more years. They are healthy and active. One of their worries, however, is how to make their savings and pension last the rest of their lives. They want to travel and visit their grandchildren who live across the United States. Apply What can Ophelia and Jorge do to make their limited retirement dollars last for the next 20 years? If they were your parents, what would you advise? |