When you spend your whole life working hard for the life you want, it’s crucial that you take the necessary steps to protect your wealth so that you’re able to reap the benefits of your hard work come time for retirement. In today’s episode of Wise Money, Michael Andersen explores what we can learn about wealth management from those who failed to manage their own expenses, resulting in them losing their fortune. Spending wisely, committing to putting money aside, and investing wisely are all steps that Michael recommends following if you want to set yourself up for a comfortable retirement.

If you’d like to call and discuss the topics covered in this episode or receive Michael’s complimentary financial compass, you can call 800-727-7035.

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While the Coronavirus pandemic is something that none of us have ever experienced, volatile markets and economic change is nothing new. Just like the seasons always change, so do the conditions of our economy. In this episode of Wise Money, Michael Andersen discusses the best way to survive a constantly changing economic landscape: establish a financial plan that has room to change as you get closer to retirement and as the economic environment changes and then stay true to it.

If you’d like to call and discuss the topics covered in this episode or receive Michael’s complimentary financial compass, you can call 800-727-7035.

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After spending your whole life working, retirement should be about relaxing and enjoying your life, not about worrying whether or not you will run out of money. In this episode of Wise Money, Michael Andersen gives some insight into different ways that you can be ready for retirement, and protect your savings, even as we face a potential economic recession.

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In this episode of Wise Money, Michael Andersen delves into specific stresses surrounding retirement that may be keeping you up at night, or at the very least have your mind racing. He addresses some “What if” questions and other inquiries that naturally come when looking forward to retirement so that you’re better able to avoid any planning mishaps.

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In the face of so much uncertainty, it can be hard to think rationally when it comes to big decisions, especially around your investments. In this episode of Wise Money, Michael Andersen discusses why it’s so important to keep calm and protect yourself from acting out of fear or stress. Recognizing behavioral biases before they negatively impact your investment decisions will serve you, your portfolio, and your future self well.

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With the Coronavirus quickly spreading and the stock markets drastically dropping, it can be hard to understand exactly what is going on. In this episode of Wise Money, Michael Andersen discusses the Coronavirus and explains why it’s affecting the markets and what you can do to protect your assets during this volatile time.

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When it comes to being wise with your money, you have to develop a wealth strategy for retirement that is custom-tailored and unique to you, your family, and your needs specifically; no strategy is a one-size-fits-all strategy. In this episode of Wise Money, Michael Anderson discusses the different things to keep in mind when starting to build your wealth management strategy for retirement.

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