The Retirement Key

If you have some of your retirement funds in stocks, you might be a little worried as we keep seeing the markets climb higher, but we keep hearing that the economy is weak. Abe shares ideas on how to find balance. Plus, why more Americans are feeling less confident about their ability to retire. See omnystudio.com/listener for privacy information.

Abe sits in the hotseat to offer his thoughts on why women are so commonly frustrated by the financial services industry and the steps he’s taking to remedy this common problem. Also, we continue to watch the growth go higher and higher, so why shouldn’t we all be “all in” in the market this year? See omnystudio.com/listener for privacy information.

Some of the ideas seem basic, yet many of us often neglect these simple things. Abe talks about the steps you can take to work on improving your financial position in the new year. Plus, some are hinting at another age raise on RMDs this year. What can you do now to prepare? See omnystudio.com/listener for privacy information.

The question we all want answered depends on these 3 basic factors. Abe talks about how to prepare. Plus, what is it about the month of November that tells us if more market gains are on the way? See omnystudio.com/listener for privacy information.

From the crash in March to the highs by year’s end, we’ve seen about a decade's worth of price swings crammed into half a year! Abe talks about how to prevent falling into the common buy/sell patterns of a volatile market. Plus, why many are financially optimistic for the new year. See omnystudio.com/listener for privacy information.

A survey found that the average baby boomer has $920,000 saved for retirement, but expects to spend about $135,000 a year in retirement.  At that rate, you’ll run out of money after 7 years. Abe talks about ways to work on your income versus spending plan. Plus, retirees considering a financial adviser say these are the top issues they want professional help with. See omnystudio.com/listener for p...

We all cheer with glee that the political ads have stopped! But with all of the recent attention on the election, you might have missed the news that Congress is considering another retirement bill. Abe explains in simple terms what the “Securing a Strong Retirement Act of 2020” legislation means, and how it could impact your required minimum distributions. Plus, an eye-opening yet positive story...

As we wrap up 2020, many are not only happy this year will be over… But thankful to see how well our investment accounts bounced back from the market crash in February!  However, some of the investing gurus say we still haven’t fully recovered from the economic impact of the pandemic that caused the crash. Today Abe answers a question many baby boomers are wondering: Do we need to re-think our por...

People often assume they’re diversified because they own something like an S&P 500 index fund. But all that means is that your stock holdings are diversified – Not your overall portfolio. Abe explains the BIG difference, and how he and the team recently helped a couple become better diversified with their investments and ultimately have a more positive outlook about their future. Plus, how to find...

After Abe clarifies why you need to revisit the taxes you pay on your portfolio before the end of 2020, we dive into the reality of what to consider when facing a forced early retirement. Yes. We’ve been through economic downturns in this country, but there’s something unusual about this one: Unlike previous downturns, the unemployment rate is now higher among older workers . Abe explains how he’s...

One of the biggest news stories has been the claim that over the last 10 years President Trump  paid little, or no, taxes . It’s well known that ultra-wealthy Americans have legal ways of reducing the amount they pay in taxes. If you’re part of the middle class and wondering what you’re doing wrong, this episode is for you! Abe uncovers what all of this REALLY means, and how to find out if you’re...

We all have our own view of how we’d like to see the election end up in November. Many Americans are nervous about how the results will impact wall street, main street and our taxes. In other words… our entire bottom line! Abe explains how he and the team are helping people make calm proactive decisions, and what you should consider for the future of YOUR retirement. This episode is focused on wha...

Market performance typically correlates to the overall economy. But lately, the markets have soared – even as the economy continues to struggle. Abe answers a question many of us are wondering: Are we in more trouble than we realize? In light of the political and news climate… This may feel like  the worst time  to do anything other than focus on  getting through  the craziness… much less altering...

If you’re judging the performance of your money based solely on the rate of return, Abe explains that financial termites could be eating away at your portfolio if you’re not also considering the fees you’re paying. Plus, you’ll hear the incredible adventure one couple is planning for when they stop working… and find out why including fun money items in a financial plan is a priority. See omnystudi...

This fall is expected to be rough for the industries hit hardest during the pandemic. That’s when certain payroll protection provisions under the CARES Act expire, which means a new wave of layoffs are expected. Abe gives encouragement and advice for those near retirement who are concerned their job could be in danger. He also clarifies one of the downsides of maxing out your 401(k): Without prope...

Informing people about their financial options has always been a priority for Abe, and today we highlight why recently became a Certified Financial Fiduciary, and how it benefits people like you. Then he breaks down how this headline impacts your wallet: The U.S. economy contracted almost 33% between April and June, our worst drop on record! Abe discusses out how to make sure your personal economy...

Even though the markets have been doing well, the overall economy seems to be struggling. Abe addresses of what we’re all wondering: Are we headed for another record high? Or should we listen to our gut and start paying more attention to the amount of risk we’re taking?   Abe explains how to approach the financial uncertainty you may be feeling, and how he recently helped one couple uncover how mu...

Some  normalcy returning in the world of sports with a 60-game baseball season. Bobby Bonilla hasn't played MLB in nearly 20 years. However, the Mets have been paying him  over $1 million per year since 2011… and will until 2035. Bonilla made a smart decision and put off immediate financial gratification and opted to defer his contract buy out, so he has  plenty  of income coming in during his ret...

After a nostalgic “Days of Our Lives” flashback, Abe reveals some common financial beliefs that haven’t stood the test of time, and how they could damage your financial future if you aren’t careful. But don’t worry, he also explains how you can avoid them! See omnystudio.com/listener for privacy information.

The travel industry has been hit incredibly hard from the virus and economic downturn. From Boeing to hotels and airlines… layoffs and early retirement packages have become a reality for millions of Americans. On this episode, Abe discusses how to deal with this overwhelming personal finance obstacle… and how to prepare in advance for the  “what ifs”  of life when it comes to retirement. See omnys...

Americans have been forced to spend more time at home since Covid-19 began. Since we’ve now cleaned out every closet and baked every bread recipe on Pinterest… Abe explains why and how we should use any free time to be proactive with our financial future. Also, since the market crashed in March, stocks have been mostly up – prompting talk of a new bull market. But is it for real? Considering Abe’s...

One of the best ways to get through a recession is to have multiple sources of income. Abe explains how you can to build that into your retirement… And considering the volatility we’re still seeing on wall street; he gives insight about how often baby boomers should be checking their retirement money. Plus, a fun (yet helpful) story of how a client reacted to a strategy Abe explained by saying: “A...

The Dow and S&P 500 closed out April with their best monthly gains in more than 30 years. Does that mean our economy is back on track from the COVID-19 attack? Not according to some economists. With this in mind, Abe breaks down the actions Baby Boomers should take to make sure they can weather a possible looming recession. See omnystudio.com/listener for privacy information.

Topping just over $2 trillion, the largest stimulus package in American history is now moving throughout the economy. As we continue to adapt to many changes, Abe clarifies how we must also prepare for changes to our future taxes in retirement … And how we can be as efficient with those taxes as possible. See omnystudio.com/listener for privacy information.

If you were hoping to retire in the next few years, you’re likely wondering if you need to keep working until the chaos passes… And you’re not alone! The financial downturn has dropped some American’s retirement accounts down anywhere from 25% to 45%, depending on how they’re invested. On this episode, Abe tells the story of how he has walked a client through doing the math and building a retireme...