The Economy and Elections

economy and elections

How much effect do political elections and parties have on the markets and our economy? It turns out quite a lot, depending on the economic policies that are passed! Michael Andersen breaks down how he sees the markets reacting to this upcoming election and what could happen depending on who wins the presidential nominee.

If you heard anything interesting on this show that you want to talk to Michael about, or if you feel that you would benefit from talking to a financial advisor about your retirement plans, please contact Michael today!

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Retirement Planning: Coronavirus Edition

coronavirus

This episode of Wise Money is all about how to think about your retirement plans in an economy that’s been significantly changed due to COVID-19. Michael discusses retirement contributions, IRA’s, early retirement, helping family members, and more.

If you want to learn more about what was discussed today or talk to Michael about your retirement worries, please contact him today at 800-727-7035.

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Re-assessing Your Retirement Plan Strategy

Retirement Planning, wealth management, personal finances

In a survey done by Edward Jones, it was reported that 68 million American’s are changing their retirement plans due to the Coronavirus. What does this mean for your personal plans?

When it comes to planning for retirement, the best plans are the ones that leave space for unseen downfalls, such as the economic volatility we are witnessing now. In this episode of Wise Money, Michael discusses whether it’s a good idea to re-assess your retirement plans or ride the pandemic wave through before making adjustments; and just how to handle this uncertainty so that you can still achieve the retirement of your dreams.

If you’re looking for help or guidance for your own personal retirement planning, don’t hesitate to call Andersen Wealth Management at (410) 690-4894.

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Tips for Creating Your Retirement Paycheck

Retirement Planning,wealth management,personal finances

Setting up a retirement “paycheck” can give you peace of mind and ensure all your basic needs will be met for the duration of your retirement through one or more reliable income streams. However, don’t neglect other crucial financial steps, like maintaining an emergency fund and planning for unexpected expenses, too.

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Planning for Retirement in a Post-Pandemic Economy

planning in a post-pandemic economy

In this episode of Wise Money, Michael Andersen discusses whether it’s a smart idea to retire in 2020 during a volatile economy. He also provides tips and advice on how you can build a retirement plan that is made to handle unexpected downfalls like the one that COVID-19 brought to the markets so that your retirement plan can stay on track, no matter what awaits you in the future.

If you’re looking for help or guidance for your own personal retirement planning, don’t hesitate to call Andersen Wealth Management at (410) 690-4894.

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