Archive for October 2019
Hitting 100: How to Plan for an Extended Retirement
Centenarians currently make up a growing proportion of retirees and with extended longevity comes the need for extra planning. Today on Wise Money, Michael Andersen covers ways in which you can prepare for the possibility of an extended retirement.
Read MoreCan I Start Investing With a Small Amount Of Money?
The Key To Investing: -Invest Early & -Invest Often. Some financial products have limitations in terms of minimum account size. Other financial products may carry a commission or a transaction…
Read MoreYour Ally In Retirement
This week Michael Andersen will go over the best ways to not only find the right financial professional for you, but also tips to help you maintain that relationship throughout your retirement journey.
Read MoreWhere Are Long-term Versus Short-term Capital Gains?
If you purchase something and sell it for a profit you’ve created a GAIN. The opposite creates a LOSS. A GAIN outside of a retirement account is going to be…
Read MoreSimplifying Retirement
Retirement isn’t just something that happens, it is a process that takes place over many years and goes through many different phases. Developing a relationship with a financial advisor can take some of the complexity out of the retirement process, making it easier for you to focus on what matters most to you.
Read MoreThe Purpose of Money
There’s More to it Than You May Think
Imagine this: you plant a beautiful flower garden and tend it faithfully for forty years. You protect it from stormy weather and pests, you never pick its beautiful blooms and you don’t traipse through it for fun. You never even get close enough to smell the fragrant flowers or run your hands through them because you’re focused solely on growing them taller and stronger without hindering their progress.
Read MoreAre CD’s Insured by Banks?
CD stands for Certificate of Deposit. It is a loanership investment meaning you are agreeing to loan the bank your money for a predetermined period of time and they are…
Read MoreWhen am I Able To Collect Social Security?
Let’s Talk Social Security- If you work for 10 years, you’re generally eligible for benefits as early as the age of 62 unless you are a widow, which you may…
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