Retirement Blogs | Abich Financial

Can You Believe We’re Already in May?

May 10, 2024

We know a lot has happened in the first several months of the year, but today, we especially want to discuss the Fed’s recent decision on interest rates and how this impacts you. As you might know, the Fed decided to hold interest rates steady at their current range (between 5.25% and 5.5%). This decision reflects their… View Article

Tax Season is Here!

February 22, 2024

Tax season is here! Let’s talk taxes and retirement distributions. Between 401k’s, TSP’s, IRA’s, Roth IRA’s, and more, is there a “right” place to start when it comes to drawing down your savings? Since every retiree’s financial life looks a little different, that’s a question best addressed with a Phase 2 fiduciary retirement planner. Phase 1,… View Article

Happy New Year!

February 2, 2024

We enjoy the beginning of a new year because it’s a great time to reflect back on the prior year and to set new goals. With the new year in mind, and half of January already behind us, let’s discuss mindset. Did you know gyms see the highest number of sign-ups in January? Perhaps the new-year… View Article

Happy Fall!

October 25, 2023

Happy Fall! A lot has happened this year in the financial world, especially the last few months. Here are some of the updates: Social Security will increase by 3.2% in 2024 adding about $50 per month to the average Social Security check. Strong economic growth and higher inflation have pushed the 10 year treasury over 5%… View Article

Happy Summer!

August 1, 2023

Happy Summer!We hope this post finds you well. This year is flying by, isn’t it? We hope you have summer vacations planned and are taking advantage of some rest and relaxation this season. The major markets have been up in 2023 about 2% for the Dow, 13% for the S&P 500, which is technically in a bull market now… View Article

The Retirement Red Zone

May 25, 2023

What is the Retirement Red Zone? The “Retirement Red Zone” is the period of time that spans the last five working years and first five years into retirement. It can be a particularly fragile period of time because investors in this phase of their lives are vulnerable to sequence of returns risk. Most of our… View Article

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