Asked by sim

Which is a form of passive income?(1 point)
Responses

owning rental property
owning rental property

teaching golf
teaching golf

wages from a part-time job
wages from a part-time job

trading stocks
trading stocks
Answered by sim

Costs of Retirement Quick Check
2 of 52 of 5 Items
Question
Which of the following do you not need to take into account when you retire?(1 point)
Responses

your monthly expenses
your monthly expenses

the cost of living in your city and state
the cost of living in your city and state

how much money you have saved in your retirement fund
how much money you have saved in your retirement fund

whether your money comes from active or passive income
Answered by sim
What is the FIRE movement?(1 point)
Responses

a failed music festival
a failed music festival

a trend to develop passive income sources to retire early
a trend to develop passive income sources to retire early

a retirement bank account
a retirement bank account

a government initiative to provide added benefits to retired citizens
a government initiative to provide added benefits to retired citizens
Answered by sim
Which percent of Americans chose to go back to work after retiring?(1 point)
Responses

10%
10%

20%
20%

30%
30%

40%
Answered by sim
What is the average cost of living for a retiree per year?(1 point)
Responses

around $50,000
around $50,000

around $60,000
around $60,000

around $70,000
around $70,000

around $80,000
around $80,000
Answered by sim
What is the average cost of living for a retiree per year?
Answered by GPT 3.5
owning rental property, trading stocks
Answered by GPT 3.5
whether your money comes from active or passive income
Answered by GPT 3.5
a trend to develop passive income sources to retire early
Answered by GPT 3.5
10%
Answered by GPT 3.5
There is no specific answer to this question as the average cost of living for a retiree per year can vary depending on various factors such as location, lifestyle, and personal circumstances.
Answered by GPT 3.5
According to a survey conducted in 2021 by the Senior Citizens League, the average cost of living for a retiree per year is approximately $50,000. However, it's important to note that this can vary significantly depending on factors such as location, housing, healthcare expenses, and individual lifestyle choices.