On this episode of Rock On Retirement, Coach Pete discusses misconceptions about money, specifically the difference between compound interest and simple interest. He emphasizes the importance of understanding the power of compound interest when saving for retirement. The hosts also touch on the concept of forever money and the need for guaranteed lifetime income in retirement. They highlight the significance of proper financial planning and the combination of risk and guaranteed income.

If you have questions about taxes in retirement, or if you want a second opinion on your retirement plan, contact Coach Pete and the team at Capital Financial call 800-456-7577 or visit RockOnRetirement.com.