Ep 213: What’s the Difference?

On this episode:

Financial planning can be pretty complicated. From strategies to investments to planning items, there’s a lot to learn and some of these things seem awfully similar.

In this episode of Retirease Radio, we’re going to play a little game of ‘What’s the Difference’ and highlight some of the terms that a lot of people get confused about. Maybe they don’t understand the difference between the two or maybe they don’t realize that there’s a difference at all.

The first step to a strong financial plan is understanding everything you’re invested in and this show will help clear up some of the confusion around some pretty common strategies and investments.

Listen now!

Specific learning points:

  • The difference between Roth contributions vs Roth conversions. (2:44)
  • Term life insurance versus permanent life insurance. (6:52)
  • What classifies as a qualified account versus a non-qualified account? (11:00)
  • The differences between variable annuities and fixed annuities. (13:42)

More resources:

Are You Paying Too Much In Taxes In Retirement? Click here to download the free guide

Click here to claim your FREE Elder Law Guide


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Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.