My Smart Retirement

Every year we face new challenges to our financial plan, but it seems the past year brought us more than we’re used to. The pandemic changed a lot around our country, and it’s definitely impacted the economy. On this episode of My Smart Retirement, we want to identify some of the key challenges that are facing investors right now so that you know what to be focusing on within your retirement plan. To help us do this, we asked Michael Sorrentino, CFA, to join the show to give us his insight on the economy. Sorrentino serves as the Chief Investment Officer for Darwin Asset Management and often appears as a guest on financial shows so he can really speak to what’s happening right now. To understand how we’ve gotten to this point, we’ll begin by discussing the Fed’s decision to increase the supply of money due to the fear of liquidity drying up. That money was sent out to people in the form of stimulus checks but most people didn’t have the ability to spend it because of the pandemic. Now we’re seeing this signif