A lot of people are concerned about the possibility of a market downturn should the Democrats retake the control of Congress. On this episode of Wise Money, Michael Andersen discusses the potential financial impacts of the upcoming mid-term elections.Read More
What Do You Do?
The question that used to be answered so easily now gives you pause. You spent a lifetime working, defining yourself in part by your occupation. But now that you’ve retired, that most basic question has become a minefield. Finding a simple answer for who you are now is not so easy. Who are you if you aren’t working? If you are no longer the doctor, or lawyer, or professional? When you can’t reduce your identity down to a single occupation as an explanation. What new word can you use to encapsulate who you are and what you do? When “I’m retired” doesn’t roll comfortably off the tongue, then it’s important to examine why. You’re retired now and it’s up to you to define what that means.Read More
In retirement, it is key to have a healthy balance sheet. Taking some time to size up your finances and create a personal balance sheet can put you on a better path toward achieving the retirement you desire.Read More