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

Bot GPT 3.5 Bot GPT 3.5 answered

owning rental property, trading stocks

sim sim answered

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

Bot GPT 3.5 Bot GPT 3.5 answered

whether your money comes from active or passive income

sim sim answered

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

Bot GPT 3.5 Bot GPT 3.5 answered

a trend to develop passive income sources to retire early

sim sim answered

Which percent of Americans chose to go back to work after retiring?(1 point)

Responses

10%
10%

20%
20%

30%
30%

40%

Bot GPT 3.5 Bot GPT 3.5 answered

10%

sim sim answered

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

Bot GPT 3.5 Bot GPT 3.5 answered

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.

sim sim answered

What is the average cost of living for a retiree per year?

Bot GPT 3.5 Bot GPT 3.5 answered

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.