Andrew Opdyke - Does the Economy Impact Your Retirement? - a podcast by Radon Stancil, CFP® & Murs Tariq, CFP®

Andrew Odyke is a Certified Financial Advisor and Economist at First Trust Advisors, an asset management firm in the Midwest. We talk with him regarding all things economy and how it impacts us and the decisions we make.
On this Episode:
Andrew gives his background and how he came to be an economist
Andrew tells Radon and Murs his thoughts on the challenges we see in today’s economy
Andrew discusses inflation in the economy and where it’s going now
Radon and Murs hear Andrew talk about the government and equity and how it drives the market
Andrew gives his opinion on the disconnect between the economy and the market
Radon, Murs, and Andrew define GDP and discuss how it’s calculated
Andrew talks about the recovering economy after Coronavirus
Andrew talks about the effects of the election year and the economy

Key Takeaways:
Emotions can win in the short term, but numbers win in the long run
Take a step back to find the opportunity rather than focusing on the negativity and concern surrounding the economy
Make decisions based on what is in front of you rather than guess work

Tweetable Quotes:
"Math always speaks the truth"- Murs Tariq
"At the end of the day, what economics is about is - what are the forces that impact how we interact with each, how businesses interact with each other, and how growth occurs in countries over time." - Andrew Opdyke
Resources Mentioned:
If you are in or nearing retirement and are looking to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting the complimentary video course, Four Steps to Secure Your Retirement. To access the course, simply visithttp://pomwealth.net/podcast ( POMWealth.net/podcast).
To receive a free book, Get Off the Retirement Rollercoaster, leave a 5-star rating review on iTunes and send a screenshot to morgan@pomwealth.net.

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Website of Radon Stancil, CFP® & Murs Tariq, CFP®