Introduction to Personal Finance -
Beginning Your Financial Journey,
3rd Edition by John E. Grable
Complete Chapter Solutions Manual
are included (Ch 1 to 10)
** Immediate Download
** Swift Response
** All Chapters included
,Table of Contents are given below
1 Beginning Your Financial Journey: The Interior Finance Point of View
2 Tools for Your Financial Journey
3 Earnings and Income: The Building Blocks of Your Financial Journey
4 Personal Taxation
5 Checking Accounts, Credit Scores, and Credit Cards
6 Loans and Housing Decisions
7 The Foundation of Savings
8 Investments
9 Risk Management: The Role of Insurance
10 Planning for the Future: Retirement and Estate Planning
,Solutions Manual organized in reverse order, with the last chapter displayed first, to ensure that all
chapters are included in this document. (Complete Chapters included Ch10-1)
Chapter 10—Solutions Manual
Planning for the Future: Retirement and Estate Planning
Introduction to Personal Finance: Beginning Your Financial Journey
By John Grable and Lance Palmer
Learning Objectives
10.1 Discuss the need and responsibility for retirement planning.
10.2 Explain how to use individual retirement accounts (IRAs) to save for the future.
10.3 Identify the multiple ways property can be held and transferred.
10.4 Explain the use of wills as a tool to transfer property after death.
10.5 Describe the purpose of living wills, advanced directives, and powers of attorney.
10.6 Explain how professionals can help you navigate your financial journey.
Key to metadata for questions:
LO: Learning objective number
BT: Bloom’s taxonomy [Knowledge (K), Comprehension (C), Application (Ap), Analysis (An),
Synthesis (S), Evaluation (E)]
Diff: Difficulty level [Easy (E), Medium (M), Hard (H)]
TOT: Expected time for student to complete
AACSB: Knowledge (K), Communication (C), Ethics (E), Analytic (A), Technology (T), Diversity
(D), Reflective Thinking (RT), Not Applicable (NA)
Sample rubric for writing questions:
Note: It is generally recommended that the rubric be shared with students, so it should be
sufficiently general to not give away answers.
Notes for instructor:
Each writing question will have criteria which are specific to the question. The instructor
may want to add or delete grading criteria (rows) depending on the topic and assignment.
How each grading criterion will be assessed and the associated points for each level of
performance are found in columns 2–5.
In the sample rubric, a total of 16 points are possible for this assignment. Each grading
criterion (row) is worth up to 4 points (column 2).
, Rubric: (It is suggested that the rubric be shared with the students.)
Full points 75% of points 50% of points 25% of points
Criteria
(4 out of 4) (3 out of 4) (2 out of 4) (1 out of 4)
Thoroughness of The question is The response is The response is The response is
answer to the answered lacking a few lacking significant incomplete and
question thoroughly details details limited
Amounts and The response
Much of the
information Some of the does not
response is
Answer is discussed are response is represent realistic
irrelevant,
realistic/relevant relevant and irrelevant to the or relevant
unrealistic, or
pertinent to the question understanding of
overly simplistic
question topic
Organization/clarity
Adequate Limited
of thought Well organized Poor organization
organization organization
(25% of score)
A clear conclusion
Appropriate or Conclusion or
recommendations recommendation recommendation Conclusion or No conclusion or
and conclusions are is presented that is mostly clear recommendation recommendation
reached is appropriate and appropriate is incomplete is provided
(25% of score) given the content given the content
discussed
Beginning Your Financial Journey,
3rd Edition by John E. Grable
Complete Chapter Solutions Manual
are included (Ch 1 to 10)
** Immediate Download
** Swift Response
** All Chapters included
,Table of Contents are given below
1 Beginning Your Financial Journey: The Interior Finance Point of View
2 Tools for Your Financial Journey
3 Earnings and Income: The Building Blocks of Your Financial Journey
4 Personal Taxation
5 Checking Accounts, Credit Scores, and Credit Cards
6 Loans and Housing Decisions
7 The Foundation of Savings
8 Investments
9 Risk Management: The Role of Insurance
10 Planning for the Future: Retirement and Estate Planning
,Solutions Manual organized in reverse order, with the last chapter displayed first, to ensure that all
chapters are included in this document. (Complete Chapters included Ch10-1)
Chapter 10—Solutions Manual
Planning for the Future: Retirement and Estate Planning
Introduction to Personal Finance: Beginning Your Financial Journey
By John Grable and Lance Palmer
Learning Objectives
10.1 Discuss the need and responsibility for retirement planning.
10.2 Explain how to use individual retirement accounts (IRAs) to save for the future.
10.3 Identify the multiple ways property can be held and transferred.
10.4 Explain the use of wills as a tool to transfer property after death.
10.5 Describe the purpose of living wills, advanced directives, and powers of attorney.
10.6 Explain how professionals can help you navigate your financial journey.
Key to metadata for questions:
LO: Learning objective number
BT: Bloom’s taxonomy [Knowledge (K), Comprehension (C), Application (Ap), Analysis (An),
Synthesis (S), Evaluation (E)]
Diff: Difficulty level [Easy (E), Medium (M), Hard (H)]
TOT: Expected time for student to complete
AACSB: Knowledge (K), Communication (C), Ethics (E), Analytic (A), Technology (T), Diversity
(D), Reflective Thinking (RT), Not Applicable (NA)
Sample rubric for writing questions:
Note: It is generally recommended that the rubric be shared with students, so it should be
sufficiently general to not give away answers.
Notes for instructor:
Each writing question will have criteria which are specific to the question. The instructor
may want to add or delete grading criteria (rows) depending on the topic and assignment.
How each grading criterion will be assessed and the associated points for each level of
performance are found in columns 2–5.
In the sample rubric, a total of 16 points are possible for this assignment. Each grading
criterion (row) is worth up to 4 points (column 2).
, Rubric: (It is suggested that the rubric be shared with the students.)
Full points 75% of points 50% of points 25% of points
Criteria
(4 out of 4) (3 out of 4) (2 out of 4) (1 out of 4)
Thoroughness of The question is The response is The response is The response is
answer to the answered lacking a few lacking significant incomplete and
question thoroughly details details limited
Amounts and The response
Much of the
information Some of the does not
response is
Answer is discussed are response is represent realistic
irrelevant,
realistic/relevant relevant and irrelevant to the or relevant
unrealistic, or
pertinent to the question understanding of
overly simplistic
question topic
Organization/clarity
Adequate Limited
of thought Well organized Poor organization
organization organization
(25% of score)
A clear conclusion
Appropriate or Conclusion or
recommendations recommendation recommendation Conclusion or No conclusion or
and conclusions are is presented that is mostly clear recommendation recommendation
reached is appropriate and appropriate is incomplete is provided
(25% of score) given the content given the content
discussed
