Here's a reality check that might surprise you: The average American believes they need well over $1 million to retire comfortably, yet most have saved less than a tenth of that amount. The old retirement playbook—work until 65, collect a pension, and coast for 20 years—simply doesn't exist anymore. Financial Advisor Michael Andersen goes over what has really changed about retirement planning, and why are the traditional approaches leaving so many people vulnerable.
You need a plan as you get closer to retirement — a plan that will take you from where you are now to the retirement you’ve always dreamed about. The first step on that path is to tune in to Wise Money with Michael Andersen. You only retire once, but Michael helps people retire every day.
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