Chapter 16

I found chapter 16 very useful. Many people mismanage their money and end up in a corner by the end of their lifetime. My fellow students would find this reading very beneficial for planning for their future. It is helpful while young to start planning for one's retirement. Some individuals invest in bad securities and end up with their money dissolved. The Enron scam comes to mind when you want to think of an example of citizen's retirement's funds being diminished. Once retired, people can enjoy being free of certain responsibilities and spending more time with their family and friends.