Financial planning can get really deep and detailed but that's not always necessary for everyone. There are, however, some essential financial items that everyone should be aware of when putting together a plan. Today we'll list out five of those and tell you what you need to know.

Read more and get additional financial resources here: http://makeretirementwork.com/447/ep-16-financial-stuff-you-should-know/

What we discuss on the show:

1:50 – Bonds and the Bond Market

4:44 – Tax Rates

9:25 – Living Benefits or Accelerated Death Benefits

11:35 – Risk

14:39 – Our own emotions get in the way