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Retirement

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

II: Group II - Personal Finance

SPECIFIC EVALUATION CRIT.: SPECIFIC EVALUATION CRIT.

1: Careers

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Retirement
1451.1.11: Explain the benefits of joining a professional organization and identify professional organizations that could help you grow in your career related to its costs.

3: Banking

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Retirement
1451.3.9: Explain the time value of money.

4: Spending and Budgeting

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Retirement
1451.4.2: Identify short-term and long-term financial goals.

6: Savings, Investing, and Risks

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Retirement
1451.6.1: Describe how saving and investing are different.
1451.6.5: Recognize the impact of inflation on savings.
1451.6.6: Understand why it is important to maintain an emergency fund.
1451.6.7: Explain how external influences (e.g., peers, family, or social media) can impact personal savings decisions.
1451.6.11: Investigate the long-run average rates of returns on small company stocks, large company stocks, corporate bonds, and Treasury bonds.
1451.6.15: Discuss the pros and cons of investing in a diversified mutual fund versus investing in a small number of individual stocks.
1451.6.16: Explain how target date retirement funds reallocate investments over time to meet their investment objectives.
1451.6.18: Describe the advantages of investing through a tax-deferred account such as an IRA or 401(k) versus a taxable account.
1451.6.19: Investigate the contribution limits and tax advantages of a traditional IRA versus a Roth IRA.
1451.6.23: Research the funding structure for state-, federal-, and government-based insurance programs and whom they cover.