Exactly. Look for a shortcut at the programs list or run this in terminal.
flatpak run org.libretro.RetroArch
Probably you will have the same problem with the unreadable text, but just follow the steps above and you’ll be fine.
Notice that you can install and update all cores, assets and other things using the online updater inside RA, but if a new version of RA was released, you’'ll need to update via terminal. Just use
flatpak update
Now, if for some reason you need to access the RA folder, it’s hiding inside your /home. Open nemo, press Ctrl + H to see the hidden folders and look for .var/app/org.libretro.RetroArch/config/retroarch/. Everything you need will be inside that folder.