page 1 - Mature Living in the Southeast

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Investment and Retirement GlossaryFinancial jargon can makethe process of getting one's financesin order and makingsmart economic decisions a bitof a challenge. To the averageperson, figuring out terminologycan be a stumbling blockand a hassle some want toavoid.However, it's important toknow some of the lingo associatedwith financial planningto ensure money is being savedand spent in a responsible way.401(k): In the UnitedStates, a retirement plan wheremoney is diverted into an accountand then invested. Currentincome tax is deferred untilthe money is withdrawnupon maturity.Amortization schedule: Acomprehensive schedule ofpayments determining thebreakdown of the mortgageamount, interest, principle received,and balance duethrough each periodof the loanuntil the loan balancereaches zero.Annuity: Astream of fixedpayments that isgenerally paid aspart of a life insurancepolicy orretirement fund.Appraisal: Anestimated valueof property usedmost often in realestate transactions.Bankruptcy: Alegally declared inability of anindividual or organization topay their creditors.Dividend: A portion of acompany's profit paid to commonand preferred shareholders.The dividend is paid in afixed amount for each share ofstock held, whether in cash ormore stock.Hedge fund: An aggressiveinvestment fund generallyopen to a limited number ofinvestors.Interest: Fees paid on bor-22Mature Living Winter Edition
owed assets.IRA: Individual Retirement Accounts were initially set up in1974 to provide a retirement option for individuals who werenot covered by an employer-sponsored plan. Eventually it wasopened up so anyone under the age of 70 could donate up to acertain amount of income a year.Liquidity: The ability to turn assets intocash without losing a lot of value.Longevity risk: The risk a pension fundor life insurance company takes on whenoffering its plans, due to the increasing lifeexpectancy rate.Pension: A deferred compensation scenarioby where an employer pays an employeea portion of income based uponlength of service and employee age. Somepensions can be contributed to by the employeehimself, with the employer matchingthe contribution.Portfolio: Collection of stocks, bondsand money market instruments owned byan individual or company.Prime Rate: A term applied in manycountries to a reference interest rate usedby banks.Principal: The original amount of debton which interest is calculated.Rollover: This term is used for moving a retirement plan intoa different one, generally when leaving a job. Usually there is aset time period in which the rollover must occur so that a penaltyisn't issued.717 Cameron DriveBlackshear, GA 31516Toll Free: 877-449-486868 N. Oak StreetBaxley, GA 31513Toll Free: 800-660-7385Mature Living Winter Edition 23
Page 1: Mature LivingIN SOUTHEAST GEORGIAA
Page 4 and 5: health newsHeart conditions can be'
Page 6 and 7: feature storyPassing His Blessings
Page 9 and 10: enteen years old,” he remembered.
Page 11 and 12: Continued from page 9happen the nex
Page 13 and 14: The First Baby BoomerFew people att
Page 15 and 16: perhaps their greatest accomplishme
Page 17 and 18: Every tidbit had to be verifiedfor
Page 19 and 20: THE LEGENDARY STORY OFObediah’sOk
Page 21: spot it was built. Although itwas n
Page 25 and 26: Mature Living Winter Edition 25
Page 27 and 28: decide on pharmacy. She hada family
Page 29 and 30: talented.”Edie took piano lessons
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Page 35 and 36: pulled on him one day. On this part
Page 37 and 38: health newsIs Poor Posture Aging Yo
Page 39 and 40: R ENTZR&ENTZINSURANCE, INC.453 SOUT
Page 41 and 42: continued from page 38you want to f
Page 43 and 44: nity volunteers that believe charit
Page 45 and 46: Still Searching for a CureToday, as
Page 47 and 48: Tison school as a child, where she
Page 51 and 52: out of respect for what’s happene
Page 53 and 54: Helping a Parent After the Loss of
Page 55 and 56: ExcelCare Ambulance ServiceSpeciali
Page 57 and 58: *Virgin - oil produced bythe use of
Page 59 and 60: upcoming community eventsHappenings
Page 61 and 62: Annual Peaches to the BeachesYard S
Page 63: Good “Ole” HumorGoing Visiting:

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