Our guest today, my brother Erik, is a wealth management client associate who works with the DeMarco/McCarthy Group at Merrill Lynch. Erik talks with us about financial planning, what it means and why it's important, and also if the Federal Reserve will raise rates (basis points). He discusses the importance of a financial advisor to stay on track with budgeting and retirement goals, helps to clarify some common language used in finance, and explains interest rates and stock market trends. This is NOT intended as specific financial advice in any way and DOES NOT represent the views of DeMarco/McCarthy group or Merrill Lynch. I'm asking Erik hypothetical questions based on my own experiences. Erik will join us again in future episodes so keep an eye out as we dig deeper into some of these topics.

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