In this episode of 'Your Money, Your Retirement, Your Life,' Drew Pelton discusses the importance of understanding financial lingo and the concept of investing for income. He explains the formula TR = I + G, where total return equals income plus growth, and emphasizes investing in high-yield securities to ensure financial stability and growth in retirement. Pelton also highlights the significance of recognizing and minimizing fees to maximize net returns.

The information in this podcast is for informational purposes only ,and should not be considered as a solicitation to buy or sell  any security. Past performance does not guarantee future results. The information is not intended as tax or legal advice. Drew Pelton offers Investment Advisory services through Kovack Advisors, Inc., a SEC Registered Investment advisory firm 6451 North Federal Hwy, Suite 1201, Ft. Lauderdale, FL 33308 (954)782-4771. Drew Pelton Retirement Solutions is not affiliated with Kovack Advisors, Inc.