Understanding Your Financial Statements

Whether you receive a statement monthly or quarterly, your financial statements might seem difficult to read. Maybe you look at it or just toss it in a drawer to figure it out later. Many people start to pay close attention to it as they near retirement. On today’s episode of the podcast, we talk about what you should be looking at.

 

Read more and get additional financial resources here: https://wp.me/paIiUZ-iK 

 

What we discuss on this episode here: 

0:47 - Enjoy celebrating Memorial Day!

1:37 - Reading the fine print on your financial statement.

4:03 - What is the asset allocation summary?

5:38 - What about those fees?

7:32 - What are some hidden fees in regular life?

9:16 - What is cost basis?

10:08 - What fine print gets overlooked?