The Retirement Key

The latest inflation number came in hot, implying that the Fed won't be cutting interest rates anytime soon. Government spending contributes to inflation, which may have an impact on your financial plan heading into retirement.

In this episode, Pat Volk explores the different options, such as annuities, that may help protect and generate income during retirement in a time of uncertainty.

Ready to see how inflation is affecting yo...

Planning for retirement and creating a personal pension are crucial for a secure financial future. In this episode, Abe discusses that having a sound income plan is essential while living out your retirement years.

Also, Abe explains how the 60-40 model (60% stocks and 40% bonds) may not be as effective in today's market, and alternative strategies should be considered.

Ready to see what developing an income plan for your retirem...

The stock market continues to make new highs thanks to “The Magnificent 7” which has caused concern for a correction. How much longer can the market run up thanks to a handful of stocks?

On this episode, Abe warns that too much exposure to the market during retirement and the years leading up to retirement can negatively impact your life savings. Protecting your portfolio is key when building out your retirement plan.

Plus, how m...

Spending 12 hours a week to plan for one day. That’s what a new study reveals about wedding planning. But what about when it comes to planning for 20-40 years of your life in retirement?

On this episode, Abe discusses the importance of planning for retirement and the role of a financial advisor in creating a comprehensive retirement plan, helping save time and money in the process.

Plus, “higher for longer” interest rates, wars a...

New research shows the youngest Baby Boomers, born between 1960 and 1965, have significantly less wealth than older Boomers thanks to the Great Recession which hit during their peak earning years.

On this episode, Abe speaks to the work they do at Abich Financial do build protections around their client’s savings to help avoid this kind of catastrophe.

Plus, when asked to choose either “money” or “your love life,” almost half of ...

Preparing for retirement is a marathon, not a sprint. But even the most seasoned runners can trip over unexpected hurdles. On this episode, Abich Financials’ Sr Advisor Pat Volk talks about hidden risks that can derail your retirement dreams.

Pat shares his thoughts on:

• Why chasing high returns might not be the best strategy for everyone.
• The crucial difference between saving "enough" and setting realistic goals.
• Hidden t...

Many are worried about how rising interest rates, inflation, and market volatility could affect their retirement.

So, how does the CEO of America’s biggest bank position his business for adversity? JP Morgan Chase’s Jamie Dimon shares his perspective on ways to “weather the storms.”

Abe points out how this “good business advice” aligns with how we should also think about retirement planning.

We also hear from Jerome Powell who s...

Dreaming of a retirement filled with relaxation and adventure? Then you’ll want to learn more about unforeseen issues that can throw even the best-laid plans into disarray.

In this episode, financial advisor Pat Volk of Abich Financial Services pulls back the curtain on common yet surprising challenges that can derail your retirement dreams. From income taxes to outliving your savings, Pat sheds light on potential pitfalls while p...

As the Social Security solvency crisis looms, many Americans are wondering what they can do to help protect their retirement income should they face benefit cuts.

On this episode, Abe Abich speaks with David Duley, a foremost expert on Social Security and co-founder of Social Security Risk Score, about the history and complexities of the program.

David shares theories on ways Congress could rescue the program, through strategies ...

California has lost over 750 thousand residents over the last three years because of its oppressive state tax rate of 13.3%. People are leaving for places like Florida, Texas and Tennessee that have no state income tax.

On this episode, Abe talks about other (aka – easier than moving) strategies that may be able to help you limit the taxes you’ll owe in retirement.

Plus, we hear from Azul Wells about the anxiety that can cause us...

Worried how election volatility could affect your retirement nest egg? You're not alone.

In this episode, Abe breaks down strategies for pre-retirees and retirees to navigate uncertain markets, including shifting from growth to income, building a comprehensive retirement roadmap, and de-risking your portfolio.

We also hear from Alabama’s Nick Saban, who recently shook up the college football world by announcing his retirement. He...

Researchers have created a simple test that might predict mortality risk.  It consists of standing on one leg with the other tucked behind your knee, and your arms at your sides for 10 seconds. They claim the longer you’re able to do this, the longer you’ll live.

But what about your financial plan? Will your money last as long as you do?

On this episode, Abich Financials’ Senior Financial Advisor Pat Volk, discusses different tes...

Have you checked your 401(k) lately?  There’s a good chance it’s looking a lot better than it did a year ago.  But behavioral economists warn how the overconfidence that comes with making big gains can cause people to take bigger risks with their investments. 

In this episode, Abe also talks about the emotional toll of constantly logging into your accounts and insight to finding balance.  Abe provides actionable ideas to portfolio...

How much money do you need to be happy?  Baby Boomers say $124K annually, while Millennials want more than a $500,00 each year! But one thing all generations agree on:  having a financial plan can help bring a sense of security. 

On this episode, Abe shares what we can anticipate in 2024. Whether you're nearing retirement or already enjoying it, Abe shares actionable steps for tax planning, insights into market dynamics, and the s...

The stock market saw a nice rally in November, and some believe we are set up for a great start for 2024 with the Fed lowering interest rates. But not everyone’s on board with that thinking. Abich Financial's Senior Financial Advisor Pat Volk, dives into the unpredictable world of interest rates and the contrasting opinions on rate cuts.

In the midst of economic shifts, Pat encourages investors to seek practical advice as they app...

In this episode, Abich Financial's Senior Financial Advisor Pat Volk, reminisces over favorite holiday movies like, Home Alone. A particular scene from the movie prompts a conversation about the changes Pat has seen in the financial world during his career.

He discusses the transition from traditional pension plans to the prevalence of 401(k)s, the economic impact of technology, changing employer-employee dynamics, and the shift t...

As we approach the year-end, Abe discusses the importance of resetting financial goals and addresses the impact of political and economic changes on retirees. Discover the potential benefits of Roth conversions, whether you're still in the workforce or already retired.

Abe sheds light on how retirees can take advantage of strategic tax planning and Roth conversions to increase their tax-efficiency in retirement.

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