6.2 learning

  • 1 CE

    Investments at Varying Stages of Life

    Age 25-35: Your goals should be be paying student loans, saving for a home, college fund for your children, and funds for retirement.
    Age 35-55: Saving for college education becomes a high priority, you may want to upgrade your house or appliances, and increase retirement savings.
    Age 55-retirement: 10 years away from retiring, your assets should be your top priority. Shift more of your assets into fixed-income securities to
  • 1 CE

    What types of fees are there?

    • Sales loads - function almost like a commission and give the money to the financial professional
    • Surrender chargers - come after an early withdrawal from annuity investments, compensates your financial professional
    • Commissions - normally paid when you buy/sell through a financial professional
    • Markups - when a broker-dealer sells securities out of inventory
    • 401k fees - expenses for operating a 401k plan