The financial world is filled with buzzwords and acronyms that can confuse even experienced investors. It’s challenging to know what you should be paying attention to and how it impacts your retirement.
On this episode, we’re going to break down five different acronyms and concepts that you’ve probably heard of but might not completely understand. Here’s what we’ll cover today:
- Compound Interest
- 60/40 portfolio
The most important thing about any decision you make in financial planning is that you completely understand it, and that’s what we’re hoping this show will help you do.
Here is some of what you will learn in this episode:
- What is an RMD and why does it matter to you? (2:51)
- How the SECURE Act 2.0 could change RMDs. (7:53)
- How FRA affects your Social Security. (10:54)
- Investing in ETFs compared to mutual funds. (12:33)
- What is a 60/40 portfolio? (19:42)
If you have any questions about what we discussed or anything else in your financial plan, email us at email@example.com.
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