9 Investing Terms Every Retiree Needs to Know

Do you ever find yourself faking it when people talk finances? "Fiduciary," "sequence of returns risk," the "4% rule," these are all handy expressions that it pays to fully understand.

(Image credit: Prasit Rodphan)

Like any profession, the investment industry has its own vocabulary, which can be confusing and often off-putting.

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Michael Fritts, Investment Representative
Investment Adviser Representative, Fritts Financial

Michael Fritts is a licensed insurance agent with Fritts Financial, based in Knoxville, Tenn. Michael is an Investment Advisor Representative with Brookstone Capital Management, a Registered Investment Adviser. He received a bachelor's degree from Columbia College in Chicago, where he graduated magna cum laude. His goal is to help create retirement strategies that are custom-suited to clients by using a variety of investment and insurance products.