We’re opening up the mailbag today to answer your questions. We got a lot of good feedback and had some interesting questions come in.

On today’s show, we’ll share whether you should have a budget when you retire and live on a fixed income, whether ETFs are better than mutual funds, and more.

Today’s Rundown:

• Julie is planning to retire and wonders if she needs to start budgeting. (0:50)
• Tim wonders whether ETFs are better than mutual funds since the fees are lower. (3:17)
• Mac’s son just graduated from college. His grandmother gave him $10,000 to invest, and they need some advice. (7:10)

Thanks for listening! We’ll be back for another show every other Thursday.