reimagining finances

The Coronavirus has hit us all hard. For many of us, we’ve had to totally reimagine our way of life. This is especially true when it comes to how we think about saving and spending money. How do you think COVID-19 has affected the way that people are saving money? This week, we take a look at what the analysts are saying when it comes to how savings strategies have had to transform in light of the pandemic.

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retirement savings

If you have been relying on your retirement savings to help get you through this pandemic, know that you’re not alone. In this episode of Wise Money, Michael Andersen provides advice on how you can protect and bolster your retirement savings and regain your financial confidence.

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retirement planning

This week Michael Andersen takes the role of Santa Claus as he discusses who has been naughty and who has been nice with their retirement plans this year. By going through different hypothetical experiences, Michael calls out smart, or nice, retirement planning choices compared to poor, or naughty, retirement planning choices.

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gridlock in washington

Our main focus on this week’s Wise Money is whether or not Washington will be in gridlock, or will we finally be able to see some change come from the Capital? And if we get change, how might that affect your retirement plans? All that and more with Michael Andersen this week!

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success in retirement

In this episode of Wise Money, Michael walks through a few of the rumored bi-partisan proposals floating around Washington and whether he thinks they’ll help or hurt your retirement savings plans. He also discusses Roth conversions and other ways that you can manage your money so that you minimize your taxes and maximize your savings.

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plan around what you know

As we wrap up the recent elections and approach the end of 2020, it’s important to be sure that you take the necessary steps so that you can start 2021 off on the right financial foot. That means making sure you maxed out any retirement contributions you have for plans through your work and making sure that you’ve taken any and all necessary tax moves that you need might need for your 2021 tax return. Ultimately, even though we’ve been living through seasons of intense change it seems, the basic fundamentals for our financial planning have stayed the same: plan around what you know and adjust as you go.

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