TEKS: Chapter 113. Social Studies See All Teacher Resources

113.49.c.7

(7) Saving and investing. The student demonstrates an understanding of the importance of planning for retirement. The student is expected to:

• (A) identify costs of retirement such as living expenses, health care expenses, and long-term care expenses;
• (B) identify and explain sources of income during retirement, including Social Security, individual savings, and employer-sponsored plans; and
• (C) demonstrate an understanding of the importance of saving early and at a sufficient level to achieve financial security in retirement.