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Should You Reduce Your Stock Market Exposure in Retirement?
Manage episode 407499689 series 3561292
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In this episode of The Retirement Key podcast, Abe Abich, discusses the question of whether or not retirees should reduce their exposure to the stock market. He talks about the risks and benefits of staying invested in the market, and offers some advice for retirees who are looking to reduce their risk.
They also discuss the concept of "stealth taxes," which are taxes that are not immediately obvious to taxpayers. They explain how stealth taxes can affect retirees, and they offer some tips for avoiding them.
To begin your personalized retirement conversation and gain a deeper understanding of your financial path, visit RetirementKeyRadio.com. Find even more helpful insights from Abe Abich, Pat Volk and the rest of the team on Facebook, Instagram, LinkedIn and YouTube!
About Abe Abich
Founder & CEO, Certified Financial Fiduciary®
Abe founded Abich Financial Services (AFS) in 2008 and has 20+ years of experience in financial services. He is a seasoned retirement income planning professional and a Certified Financial Fiduciary®. Abe hosts the D.C. metro area radio show, “Retirement Key Radio,” on 105.9 WMAL and the television show, “Retirement Key TV,” on WUSA 9 and ABC7 WJLA.
Abe and the team have helped close to 1,000 individuals and families prepare for their financial futures. His authored articles can be seen in Forbes, Fortune, Yahoo! Finance, CNN Money, and more. Abe has also served as a member of the Forbes Financial Council. He earned his B.S. from Liberty University, where he lived out his dream to pitch for their Division I baseball team.
In August 2015, Abe married his wife, Shelly, and they became proud Leesburg residents and teamed up to run AFS as a family firm. With a determination to always give back to the local community, he joined his wife in starting a senior non-profit, has served on the board for Loudoun Habitat for Humanity, and is a member of the Loudoun County Chamber of Commerce and Cornerstone Chapel in Leesburg. He is an avid Washington Commanders fan and, on weekends, enjoys being a local foodie, biking the trails, and boating on the Potomac.
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