Welcome to a new week here on the Retirement Quick Tips podcast! I’m your host Ashley Micciche, co-owner of True North Retirement Advisors, an independent financial advisory practice managing over $300 million in client assets. I’m a Chartered Retirement Planning Counselor and I’m using my 15 years of experience as a financial advisor to help you gain clarity and make a plan for the retirement you envision.

On this podcast, I cover everything from investing, to retirement spending, to taxes in retirement in just a few minutes each day, so if you’re 5-10 years on either side of retirement, and looking for some daily doses of retirement planning wisdom, stick around this week as I talk about the Debt Ceiling 2023: What It Means For You

Originally this week, I was planning to talk about cyber theft and how you can prepare yourself. But with the debt ceiling looming and the U.S. government possibly exhausting its ability to borrow money as early as June 1st without a debt ceiling extension, I decided to cover a more timely and potentially very impactful topic this week. 

Since you hear plenty about the debt ceiling in the news, you don’t need me to report on the issue for you. Better sources than me exist for that. However, the debt ceiling is nothing new, and this years debt ceiling negotiations have potentially direct consequences for your retirement investments - everything from a few days to a few weeks of market turmoil to a full blown recession and chaos in the global financial system in the worst case scenario.  With that in mind, what does all of this mean for you and what if anything should you do about it? That’s what I’ll cover this week.

That’s it for today. Thanks for listening! Come on back tomorrow where I’ll talk about what the debt ceiling is and why it matters

My name is Ashley Micciche...and this is the Retirement Quick Tips podcast.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance