Understanding Retirement Plans and Preparing for a Secure Future

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky Guest: Kelly May, Senior Extension Associate for Family Finance and Resource Management Season 6, Episode 43 If you find the term 'Investing' to be daunting, this episode of Talking FACS might help you reframe the concept. We discuss the topic of investing in oneself by understanding and planning for retirement. Listeners will learn about different types of retirement plans, such as defined benefit and defined-contribution plans, and understand how to compare them when changing jobs. We discuss why planning for retirement is essential and what aspects, like health and long-term goals, to consider when planning. For more information about this topic and other MoneyWi$e topics, visit: MoneyWi$e Newsletter MoneyWi$e Website MoneyWi$e Facebook Page Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS. Kentucky Extension Offices UK FCS Extension           Website           Facebook           Instagram           FCS Learning Channel