As of May 2023, the purple section (C) for a nearly-retired investor would most likely represent an IRA. According to the Exam: 02.10 Module Two Exam, the purple section (C) for a nearly-retired investor would represent an IRA. This is due to the fact that an IRA is one of the most common investments for near-retirement investors, as it helps them save for retirement while also providing more tax benefits than other investments. Furthermore, an IRA is an ideal option for those seeking long-term growth and stability.
In addition to an IRA, the U.S. Special Operations Command (SOCOM) budget request for FY23 includes approximately $250 million for unfunded requirements. According to the FY23 NDAA Agreement Executive Summary, the budget request for SOCOM includes funding for a variety of initiatives that would benefit members of the near-retirement investing community. This includes funding for improved security and intelligence operations, as well as funding for research and development.
Finally, the CBO’s 2022 to 2032 Budget and Economic Outlook projects that the budget deficit will remain near historical levels in the years to come. This is beneficial to the near-retirement investor, as it provides an environment in which the investors can plan for their future without fear of increased taxes or other fiscal constraints. In addition, the CBO’s projections suggest that the current level of economic growth is likely to remain steady, which can provide additional comfort for near-retirement investors.