My Smart Retirement

Ep 350: Financial Literacy and Financial Health

Informações:

Sinopsis

When it comes to understanding our finances, it may be easier to use comparisons when grasping new concepts. Financial literacy has become a lot more important as retirement has become more complex. Instead of relying solely on a pension or Social Security, you probably have various retirement tools to keep track of now.  On today’s episode, we are going to help you expand your financial literacy by breaking down some comparisons between a healthy lifestyle and a healthy retirement plan. A lot of us struggle with assessing risk and uncertainty. Understanding is crucial to making wise decisions that will positively impact your future. With a steady bull market for the past decade, it’s no wonder investors are confused about the appropriate amount of risk they should be taking on. To understand this better, let’s compare it to your health. We all know the basics to be healthier: avoiding empty calories, working out, eating healthy foods, etc.  Empty calories come from things like donuts and soda. They taste goo