Wise Money | Andersen Wealth Management

According to AARP, only 17% of adults aged 50 and older are financially healthy, meaning at least a third of adults are struggling with their finances. What seems to be the cause?

In this episode of Wise Money, Michael Andersen discusses what issues may be responsible for getting in the way of financial success, and his go-to tips on how to combat these financial hurdles so that you’re able to better prepare for your 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.

Similarly to how, in the Three Little Pigs fairytale, the house that withstood the big bad wolf was the one built the strongest; the retirement plan that will withstand unpredictable markets and a volatile economy is one that is built with a strong foundation. This episode is all about providing you with the tools that you need to build your financial “house” as strong as possible so that you’re able to weather whatever storms may come.

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.

Just like any sturdy building, the foundation is the most important part. The same is true with retirement, you need a strong structure in place so that your wealth can flourish.
In this episode of Wise Money, Michael Andersen explains the four pillars of retirement: protection, growth potential, income, and liquidity. Listen in to find out how you can reshape your retirement plan to include all four pillars so that it’s as strong as it can be.

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.

In a market like our current one, that’s full of ups and downs and unpredictability, it can be really scary and hard to deal with when it comes to managing your investments and planning for retirement. Not to fear though! Michael Andersen is here with some wise words on how to navigate the turbulence like a pro so that your portfolio and assets stay protected.

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.

Retirement comes with a lot of changes, and one of the biggest and possibly scariest changes is the lack of income that follows when you stop working. Without that paycheck you relied on from work, where are you going to get your income? And more specifically, do you want your income to be variable, or do you want it to be more guaranteed?

In this episode of Wise Money, Michael Andersen answers the big questions surrounding retirement and gives his tips on how you can make your money last so that you can have the retirement you deserve.

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.

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.

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.

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.

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.

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.