Should You Be Concerned About Your Social Security Benefits

retired-couple-dining

It’s estimated that a couple will spend about $1,250,000 over the course of their retired life, which comes down to around $100,000 yearly. That’s a lot of change! In this episode of Wise Money, Michael Andersen discusses things that you can do to prepare for this price tag so that even when your income stops, you’re still able to thrive during retirement.

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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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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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Working Through Retirement Paralysis

retirement paralysis

When it comes to retirement planning, do you find yourself freezing in panic like a deer in headlights? Michael Andersen is here to help make the sometimes scary, often complicated task of building a retirement plan more manageable and easier to navigate so that you can focus on enjoying the retirement you deserve.

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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Looking Back to Look Ahead

Retirement Planning, wealth management, personal finances

This episode is all about your retirement in the wake of the Coronavirus. Michael discusses all the ways in which the post-COVID economy may be affecting your retirement plans and how you can best navigate these volatile times so that your retirement stays protected.

Also, Michael Andersen is hosting a brand new workshop to help educate you on your personal finances. If you want to learn more about this workshop or you want to discuss topics covered in this episode, please call 800-727-7035.

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Are You Financially Healthy?

financially healthy

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.

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Building Your Financial House

financial house

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.

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The Pillars of Retirement Planning

pillars of retirement

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.

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