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1. What is the difference between a pension plan and a 401K? 2. What is the purpose of an IRA? What is the difference between
1. What is the difference between a pension plan and a 401K? 2. What is the purpose of an IRA? What is the difference between a regular IRA and a Roth IRA? 3. What is the difference between Whole Life Insurance and Term Life Insurance? Why might either be purchased? 4. What is the difference between a mutual fund and an index fund? 5. What is the S&P 500? What has been the average return for the last 5, 10, 20, 25 years? 6. Why is it important to diversify your investment strategies? 7. What is an ETF and how does it differ from a stock? 8. What does it mean to invest in corporate bonds? What are the two types of "earnings" one gets from investing in corporate bonds? 9. What percentage of your income do experts recommend be spent on housing costs? What is included in housing costs
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