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Individual Retirement Accounts: Why Bother?
Beginning of essay
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English 121
Mr. Frost
September 22, 1996
Outline
Thesis: When planning for retirement, Individual Retirement Accounts offer
several benefits; however, careful planning is essential to ensure that: upon
retirement there is an adequate amount of money saved, that the heirs to the IRA
are cho ....
Middle of essay
....ere is an adequate
amount of money saved, that the heirs to the IRA are chosen carefully, and that
unnecessary taxes and penalties are avoided.
It is important to consider how much money will be needed for a comfortable
retirement. Careful planning is essential when considering an item with such
importance. Phaneuf states that, according to figures used by most financial
planners, upon retirement the average person will need roughly seventy percent
of their current income to continue livi.... |
| Number of words: 1722 |
Approximate pages: 7 |
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