34th Annual Student Research Conference
Retirement Planning
Jessica A. Riegel
Prof. Charles Boughton, Faculty Mentor
Retirement planning is a necessity for those that want to be financially stable after stopping work. That retirement plan looks a little different for everyone due to differing situations, present finances, and goals. A multitude of retirement accounts exist that provide different options best suited for specific investors. Employer-sponsored retirement accounts are very important to consider due to their unique benefits including defined-benefit plans and defined-contribution plans; other options include privately-run retirement accounts by multiple institutions. The role of Social Security and taxation has an important impact on retirement planning. As different retirement options are explored, bonds, stocks, and their historical returns will also be considered briefly as a large percentage of retirement accounts are comprised of these. The unknown is what makes retirement planning so difficult. COVID-19 is the perfect example of this. The impact to retirement planning as a result of the pandemic will also be examined.
Keywords: Retirement, Retirement Planning, Employer-Sponsored Retirement Accounts, COVID-19, Taxation
Topic(s):Business Administration
Presentation Type: Asynchronous Virtual Oral Presentation
Session: 5-1
Location: https://flipgrid.com/6a0ea4e7
Time: 0:00