Description
Chapter 27 introduces the financial system and the importance of assessing time and risk in making financial decisions. In this Discussion Board, summarize your own financial plan balancing present and future needs, especially future retirement needs.
In your post, you may want to apply: the Rule of 70, present value, insurance, diversification, and risk. How will you stay motivated to meet future goals (home ownership, business start-ups, family goals, and/or retirement with the human tendency to prefer “now” over “later?”
his post should be substantial (containing at least 200-250 words).
All posts need to be in your own words. Any use of outside resources requires that you cite and reference your sources in APA format.
