{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Back to Basics: Financial Literacy 101","description":"April isn't just about welcoming warmer weather; it's also Financial Literacy Month, a time to focus on our fiscal health and future. This episode will do just that, and it's an essential listen for anyone looking to secure their golden years with confidence and clarity. A study used posted by the American College of Financial Services used a Retirement Confidence Scale based on the respondent\u2019s self-reported confidence that they will feel financially secure, have enough money to live comfortably, and do a good job handling their investments throughout retirement. Those who scored better in financial literacy were more confident in their retirement. We\u2019ll journey through the critical elements of retirement planning, from understanding different types of IRAs to the intricacies of gift taxes. It's an engaging dialogue that isn\u2019t meant to just inform but also inspire action. &amp;nbsp; Here\u2019s some of what we discuss in this episode: 0:00 \u2013 Intro 0:56 \u2013 Importance of financial literacy 2:35 \u2013 Study findings 8:40 \u2013 Correlation with earnings 11:58 \u2013 Retirement falls on you 19:10 \u2013 Traditional vs Roth IRA 23:32 \u2013 Retirement annuity 26:28 \u2013 After-tax accounts 18:08 \u2013 Mutual Funds and ETFs 31:13 \u2013 Gift tax &amp;nbsp; &amp;nbsp; About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA\u00ae) and a Certified Financial Planner (CFP\u2122). Founder of Medina Law Group &amp;amp; Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Join and start receiving retirement tools: www.retirease.com Watch the show on YouTube: https:\/\/bit.ly\/48pTfhf &amp;nbsp; ","author_name":"Retirease Radio with Victor Medina CFP\u00ae, RICP\u00ae, CELA\u00ae","author_url":"http:\/\/sites.libsyn.com\/97131","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/30767988\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/30767988"}