Contents
11
Special Features
Reading Prep . . . . . . . . . . . . . . . . . . . . . . . . . . . 394
Money Matters: Insurance . . . . . . . . . . . . . . . 394
FYI. . . . . . . . . .395, 397, 402, 406–407, 409, 413
Build Your Math Skills. . . . . . . . . . .395, 402, 412
Financial $marts . . . . . . . . . . . . . . . . . . . 409, 413
Career Discovery:
Health Science Careers . . . . . . . . . . . . . . . . . . 398
Chapter Review
Build Your Vocabulary . . . . . . . . . . . . . . . . . . . 418
Teamwork . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 418
Review Your Math Skills . . . . . . . . . . . . . . . . . 418
Section Review. . . . . . . . . . . . . . . . . . . . . . . . . . 420
Reinforce Your Understanding . . . . . . . . . . . 421
Apply Your Technology Skills . . . . . . . . . . . . 421
Chapter 13
Financial Planning . . . . . . . . 422
Section 13.1 Protecting Wealth. . . . . 423
Infl ation and Wealth. . . . . . . . . . . . . . . . . . . . . . . 423
Wills and Trusts. . . . . . . . . . . . . . . . . . . . . . . . . . . . 425
Opportunity Cost. . . . . . . . . . . . . . . . . . . . . . . . . . 426
Section 13.2 Retirement Planning. . . . 429
IRAs and 401(k)s. . . . . . . . . . . . . . . . . . . . . . . . . . . 429
Social Security. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 432
Pensions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 433
Annuities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 433
Section 13.3 Other Investments . . . . 438
Revenue Generating Assets . . . . . . . . . . . . . . . . 438
Becoming an Entrepreneur . . . . . . . . . . . . . . . . 441
Special Features
Reading Prep . . . . . . . . . . . . . . . . . . . . . . . . . . . 422
Money Matters: Infl ation . . . . . . . . . . . . . . . . 422
FYI. . . . . . . . . 423–424, 427, 429–431, 433–436
Build Your Math Skills. . . . . . . . . . .423, 429, 438
Financial $marts . . . . . . . . . . . . . . . . . . . 425, 432
Career Discovery: Science, Technology,
Engineering, and Mathematics Careers . . 441
Chapter Review
Build Your Vocabulary . . . . . . . . . . . . . . . . . . . 444
Teamwork . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 444
Review Your Math Skills . . . . . . . . . . . . . . . . . 444
Section Review. . . . . . . . . . . . . . . . . . . . . . . . . . 445
Reinforce Your Understanding . . . . . . . . . . . 447
Apply Your Technology Skills . . . . . . . . . . . . 447
Unit 4
Summative Assessment . . . 448
Financial Literacy
Simulation: Stages
of Life Project . . . . . . .452
Selected Answers . . . . .486
Glossary. . . . . . . . . . . . . .493
Index. . . . . . . . . . . . . . . . .501