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.

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