If you watched “About Schmidt,” please answer the following questions:
Please give a review of the film and how it relates to the chapters assigned.
List things Schmidt could have done to better prepare for his retirement.
What was the significance of Schmidt meeting with his work replacement and the files he passed on?
Was Schmidt satisfied with his retirement? What specific instances from the film support your answer?
Schmidt had three (3) life changes that happened simultaneously. What were they and how did they affect his life
How do you believe Warren’s life came to what it was and what could Warren have done differently in his life to make it more significant?
How is Roberta different from Schmidt and why is that significant?
What was the significance of the relationship Schmidt developed with Ndugu and why was it significant?
IN ADDITION TO THE MOVIE QUESTIONS, PLEASE ANSWER THE FOLLOWING:
Visit the AARP Retirement Calculator at https://www.aarp.org/work/retirement-planning/retirement_calculator.html Links to an external site. and calculate the amount of money it is estimated you will need to retire at age 68 with an estimated annual salary of $45,000. You will have to take a guess (unless you save for retirement already) at what you might save for retirement or what you might put in an IRA, but try to guess closely to what is real. You may also have to guess as to whether you are married or not, etc.
How much did the site tell you that you needed to save for retirement?
Did the results you received surprise you? Why/why not?
What steps might you take to start saving for retirement now?
Describe the Social Security system. Who is eligible for benefits and how is eligibility determined?
Compare defined benefits and defined contribution plans.
Imagine you are giving advice about Medicare to someone who will be turning 65 soon. Please describe Medicare Parts A, B, C, &D and what you suggest the person choose for their plan and why.
What is the effect of student debt on the future retirement security of millennials?
Discuss the international experiment with the privatization of public pension programs, and then explain whether the US should privatize Social Security.
If you watched “About Schmidt,” please answer the following questions: Please gi
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