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Retirement

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Here's how Retirement aligns with curriculum standards in Indiana. Use the filters to change the location, set of standards, and grade level.

Financial and Decision Making

12-1.1: Demonstrate taking responsibility for personal financial decisions.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-1.1.1: Explain how individuals demonstrate responsibility for financial well-being over a lifetime.

12-1.4: Make financial decisions by systematically considering alternatives and consequences.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-1.4.1: Set measurable short-term and medium-term, and long-term financial goals.
12-1.4.3: Apply systematic decision making to short-term, medium-term, and long-term goals.

Relating Income and Careers

12-2.3: Explain how taxes and employee benefits relate to disposable income.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-2.3.2: Describe benefits of employer sponsored savings plans and other options for shifting current income to the future.

Planning and Managing Money

12-3.6: Develop a personal financial plan.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-3.6.2: Develop a personal financial plan that shows allocation of income, spending, saving/investing, and sharing/giving over a year-long time span.

Saving and Investing

12-6.1: Explain how saving contributes to financial wellbeing.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-6.1.1: Compare saving strategies, including "pay yourself first," payroll deduction, and comparison shopping to spend less.

12-6.2: Apply strategies for creating wealth and building assets.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-6.2.1: Compare various investing strategies for their potential to build wealth.
12-6.2.2: Analyze an investment utilizing the principles of time value of money.

12-6.5: Analyze factors that affect the rate of return on investments.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Retirement
12-6.5.1: Analyze the rate of return on investments using time value of money and economic conditions as factors.
12-6.5.2: Calculate the amount of taxes on investments and income tax-free earnings.