The Retirement Key

Most Americans are unaware of how their 401k investments are distributed, often resulting in over-investment in tech stocks. Abe Abich discusses why it's crucial to review your holdings, diversify, and develop a comprehensive plan to create a balanced portfolio. He explains that focusing on long-term goals and global diversification can help manage volatility and protect your retirement savings.

Abe also highlights that when you re...

The market's turbulence due to the uncertainty around Trump’s tariffs and global trade dealings shouldn't dictate your retirement. In this episode, Abe Abich shares actionable steps to protect your life savings. He touches on diversifying your nest egg to minimize risk and ways to ensure stable income by leveraging social security and pensions. Abe also explains that retirees should consider tax strategies like Roth conversio...

Are you paying more in fund expenses than you should? Abe Abich explains how big box firms often charge excessive fees, reducing the efficiency of your retirement savings. With the right approach, Abe discusses how you could potentially save thousands annually. He also covers the importance of personalized financial planning and how independent advisors can offer more tailored solutions to your custom needs.

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What’s the best age for you to maximize your Social Security? In this episode, Certified Financial Planner Joshua Barbin dives into Social Security planning, discussing common misconceptions, the impact of age on benefits, and strategies for optimizing payouts.

Joshua also touches on why some retirees wait to claim, the tax implications once you start to claim, and the potential future changes to Social Security benefits.

Sch...

Do you know when the last time you cleaned out your financial portfolio was? Abe Abich discusses the importance of reviewing and consolidating investments, insurance policies, and other financial assets. He explains the concept of phase one and phase two financial planning, highlighting the shift from accumulating wealth to managing and preserving it in retirement. Abe also touches on the advantages of working with an independent f...

Retirement planning isn't just about saving money; it's about protecting your nest egg from market volatility. Abe Abich discusses the importance of understanding your investment allocation and risk tolerance as you approach retirement. With the market's ups and downs, retirees need a comprehensive plan that balances growth and income protection. Abe explains why it’s crucial to evaluate your portfolio's performance and costs...

Financial Advisor Justin Dobak discusses critical mistakes to avoid when planning for retirement. He covers topics such as overspending, miscalculating inflation, underestimating medical expenses, social security strategies, and the risks of retiring too soon.

Schedule your complimentary appointment today: TheRetirementKey.com

Get a free copy of Abe’s book: The Retirement Mountain: The 7 Steps To A Long-Lasting Retirement

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Navigating the complexities of federal employee retirement can be overwhelming, especially with recent layoffs and buyout options under the Trump administration. For those close to or in retirement, Abe Abich explains that understanding the impacts on pensions, the Thrift Savings Plan (TSP), and healthcare is crucial. He dives into the options and considerations for federal employees facing these decisions, helping them make inform...

Certified Financial Planner Joshua Barbin discusses the essential factors to consider when choosing a financial advisor. He emphasizes the importance of personal fit, transparency in fees, investment philosophy, and the advisor's qualifications. Joshua also highlights the significance of building a trusting relationship with the advisor and ensuring compliance and a clean record.

Schedule your complimentary appointment today: TheRe...

With no major pullback in three years, Abe Abich explains why it's crucial to evaluate your retirement savings strategy. He focuses on the importance of balancing growth and safety in your retirement portfolio by diversifying your investments to protect against significant market losses. Abe shares real-life examples that highlight the risks of overexposure to stocks and the benefits of adjusting your asset allocation as you near r...

Abe Abich explores why many baby boomers are hesitant to spend their retirement savings despite amassing significant wealth. Concerns about leaving money to family, habits formed during COVID, and fears of illness or longevity contribute to their reluctance. Abe explains how a mindset shift and well-structured retirement income strategies can help retirees confidently enjoy their golden years. He touches on common income sources su...

Retirement planning continues to evolve and is becoming more complex. Abe Abich discusses the 3 things that need to be done to achieve a comfortable retirement:

1) Maxing out your retirement accounts.

2) Accurately assess your expenses.

3) Having a solid income plan in place.

A recent report by Investopedia suggests that accomplishing the American dream in retirement could cost $4.4 million, with retirement alone making up nearly 4...

Do you know if your hard-earned savings are protected in retirement? Abe Abich explores the mindset of retirees, the importance of safeguarding your wealth, and balancing risk with growth. He highlights common risks like market fluctuations, inflation, and longevity, and discusses strategies to ensure your money lasts throughout your retirement.

Schedule your complimentary appointment today: TheRetirementKey.com

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Retirement isn't just about saving; it's about knowing how to spend. Abe Abich addresses why many retirees struggle with the fear of running out of money, preventing them from enjoying their hard-earned savings. Creating a plan that balances spending and saving is crucial to make the most of your retirement years. From downsizing to buying a dream vacation home, making informed decisions helps retirees spend the way they want to in...

The relationship between interest rates and bonds is a seesaw, and right now, the seesaw is tipping. Abe Abich discusses that as the Fed lowers interest rates, many Americans are questioning where to place their money. With $2 trillion recently funneled into money market accounts, the drop in rates has many looking at bonds as a potential investment. Short-term bonds, in particular, are gaining attention.

Abe highlights that althou...

Have you ever wondered if your 401k is enough for a secure retirement? In this episode, Abe Abich addresses the pressing concerns many Americans face as they approach retirement. He discusses the importance of having a comprehensive plan that not only includes growth tools like 401ks and IRAs, but also reliable income streams that can replace your paycheck.

Abe also highlights the transition from traditional pensions to modern reti...

A website posted a list of the “Stupidest Things Americans Overspend On” which included the likely culprits such as overpaying on car insurance, not getting the best price when online shopping and home repair bills. But the stupidest thing according to this website? Not getting a financial advisor.

In this episode, Abe Abich addresses why this is the case by highlighting the anxieties people and retirees face when inves...

Justin Dobak, Financial Advisor at Abich Financial Services, discusses the importance of tailoring strategies based on individual savings and risk tolerance. He emphasizes that those with fewer savings need to prioritize safety and may not be able to pursue high returns due to shorter time horizons. Conversely, individuals with substantial savings can afford to be more aggressive in their investment strategies.

Justin also addresse...

Justin Dobak, Financial Advisor at Abich Financial Services, shares his upbringing and story of how he became a financial advisor and why planning for retirement is essential. He discusses each phase of life and what people need to be focused on in each stage when it comes to saving for retirement.

Justin also touches on other factors to consider when planning for retirement, such as budgeting, income sources, long-term care, and t...