Your Cash Flow Statement is the most important statement you can have. It measures how much money comes into your household vs expenses. A cash flow statement is income minus expenses. It is with this document that you can determine what you can save and what you can spend. It will also help you to…Read More
How much will be enough?
It’s a common enough question to ask when saving for retirement. How much will I need? Is, unfortunately, a complex question without an easy answer as each person asking it will have a totally different backstory and portfolios.Read More
Look at the list of options the employer makes available. Before you choose investments, it is important to know what your asset allocation should be. Also, when selecting a mutual fund or funds look at the manager of the fund and research what their level of experience is. This can often be a key into…Read More
Your most valuable asset when planning for your retirement isn’t having a plan or saving money (though they do come a close second) your most valuable asset when planning for your retirement and making the most of it once you get there is…Read More
An IRA is an Individual Retirement Account. An investment / saving account given favorable tax treatment by the government. Depending upon your income, IRA contributions may be tax deductible. IRAs are tax-favourable investing tools for individuals to earmark their retirement savings.Read More
Taking care of your personal health is important for a longer, happier life, so is taking care of the health of your retirement plan. On this episode of Wise Money, Michael Andersen will teach you how to build and maintain a healthy retirement plan to see you through the years ahead.Read More
We are thrilled to announce that Metropolitan Magazine has named Andersen Wealth Management the Best Investment Company and Best Financial Advisor in the Cambridge and Easton area for 2019!
This is the fourth year Andersen has received the best Best Investment Company and the second time we have gotten the coveted Best Financial Advisor Award!Read More
A 401(k) is a type of account offered by your employer where you can choose to save money for you retirement tax deferred. In many cases your employer will match your contribution up to a certain amount which makes the 401(k) a lucrative and reliable manner in which to save for retirement.Read More