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QUESTION

Professional Development Questions Provide an example of an investor’s decision to use an IRA as their retirement savings plan.Requirements: You may use one or a combination of the following when co

Professional Development Questions

Provide an example of an investor’s decision to use an IRA as their retirement savings plan.

Requirements:

You may use one or a combination of the following when completing this exercise: 1)online research, 2) real-life personal experience (investment decision in an IRA), and 3)interview a professional investment manager to obtain the information you need to complete this exercise.

1.      What were your savings goals and or requirements? Explain the decision making process around these two if substantially different to determine which was the more important.

2.      Describe the criteria used to evaluate the different options available from an IRA type standpoint. Elaborate on the criteria used, choices in each, and why as a whole it made sense to take the decision that was made from the investor’s perspective.

3.      Explain the results post decision that the investor has seen based on the original goals and requirements for retirement, their criteria used to make their choice, and the results of their plan based against these items since the decision was taken.

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