Abich Financial Services

Here’s what a rebound from the coronavirus recession might look like based on data since 1950—hint: U-shaped recoveries ‘really never happen’

While we don't know for sure what the market recovery trend will look like, we will continue to monitor the markets to offer you relevant and useful information.

marketwatch.com Brace for an economic rebound from the coronavirus pandemic that is both swift and powerful, says analysts at Morgan Stanley in a Monday research note.

There are 7 important ways that retirement is likely to change because of COVID-19. Here's what you need to know!

What to Know About Workplace Safety in the Pandemic

As businesses begin to reopen, it's important to continue practicing proper precautions to help keep you and your coworkers safe.

nextavenue.org An expert answers PBS NewsHour audience's top questions

Discover what a bear market is and what it could mean for you!

Today we're answering the question: "What are fixed indexed annuities?"

RMDs have changed significantly in 2020. Here are 5 things that you need to know...

COVID-19: A Time to Make Substantive Life Changes

The most important thing we can do is grow and learn from current circumstances we are all going through. We will get through this together and hopefully stronger!

nextavenue.org 3 questions that might help you find a deeper sense of meaning.

Meet with us now to discuss how to help protect yourself in these uncertain times.

Your coronavirus money questions, answered: Am I eligible for unemployment if I quit over COVID-19 fears? What about a military pension?

Here are some answers to common financial questions being asked right now! We are also here to help you navigate these turbulent times.

usatoday.com Can I file for unemployment if I quit over COVID-19 fears? You asked, USA TODAY Network’s financial experts are answering. Read, submit yours.

GOOD NEWS: The Dow and S&P 500 closed out April with their best monthly gains in over 30 years! BAD NEWS: Some economists believe a recession is looming. Abe’s breaks down the actions Baby Boomers like you should take to make sure you can weather this possible storm. Subscribe and listen on Apple Podcast, Spotify, Google Podcasts or by using the link below.

https://retirementkeyradio.libsyn.com/has-the-economy-recovered-from-the-coronavirus

Here's your word of the day!

Coming Together — Virtually — in a Pandemic

Finding new ways to stay connected is so important right now. Discover how you can keep in touch with loved ones you can't see in person!

nextavenue.org Establishing a virtual connection isn't always about the technology.

Do you know what financial resources are available to small business owners right now?

Use the link below to register for our Virtual Town Hall this Thursday, May 14th at 5:30PM. Join us as Abe delivers our market update, addresses your questions, and discusses how our office will be adjusting in the coming weeks to keep our clients safe.

https://attendee.gotowebinar.com/register/6352322183600640270?source=Facebook+posts

On our latest episode, Abe points out that with the $2 trillion stimulus package in circulation, we need to prepare NOW for changes to our future taxes in retirement. Subscribe and listen on Apple Podcast, Spotify, Google Podcasts, or now by using the link below:

http://retirementkeyradio.impact.libsynpro.com/

"A mother is your first friend, your best friend, your forever friend.” — Unknown

How the biggest companies in the world are preparing to bring back their workforce

It will be a slow process, but we will get through this difficult financial period together.

cnbc.com A number of variables, such as coronavirus testing, child care and reputational risk, will make getting Americans back to work challenging and possibly messy. But companies in different industries and officials are starting to think about what that may look like.

We're LIVE! There's still time to join if you want to learn how to Maximize Your Social Security Benefits.

https://global.gotowebinar.com/register/816533843

Today is National Nurses Day! We are so thankful for all the nurses out there who give their all to help us. We appreciate all that you do!

⁣If you've wanted to retire in the next few years, you’re now probably wondering if you need to keep working until the chaos calms down. On this episode, Abe walks you through how to assess this dilemma. Subscribe and listen now on Apple Podcasts, Spotify, Google Podcasts, or by simply following the link below.
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http://retirementkeyradio.impact.libsynpro.com/if-you-were-hoping-to-retire-in-a-few-years-can-you-still-pull-it-off

Your Coronavirus Stimulus Money: Calculate How Much and When

Here are some important details you should know about the stimulus checks being given by the government to help with the economic impact of COVID-19.

nerdwallet.com The U.S. Treasury will disburse up to $1,200 per adult based on income and $500 per child under age 17. Here’s a rundown of how much money you might get, how it will arrive and when.

Timeline Photos

We like to say: control what you can! We can't control the markets, but we can control both how we prepare and how we respond. If you're worried about your portfolio post-COVID, give us a call. We'll help you create a plan to safeguard your retirement investments.

Schedule a virtual consult: https://abichfinancial.com/covid-19-update/#covid

State Taxes and Your Retirement

Where you live could have an impact on your taxes. It's important that you understand that impact before you reach retirement!

nextavenue.org If you're considering relocating for retirement, look at all the potential taxes

If you're one of our clients and need help managing through this crisis, please give our office a call. We'll be glad to assist you in any way we can; whether it's a grocery run or picking up your medicine, the Abich team is here to support you.

Request a phone call: https://abichfinancial.com/covid-19-update/#covid

Or register for our free Retirement Today class on April 28th: https://register.gotowebinar.com/register/4413211381624840461

It's time to answer another common financial question!

RMDs will no longer be due for the year 2020. If you need help figuring out how that impacts you and your family, send us a message. We're here to help you navigate the ups and downs as you maximize your retirement savings.

Request a complimentary phone consult: https://abichfinancial.com/covid-19-update/#covid

Or register for our upcoming Retirement Today class on April 28th: https://register.gotowebinar.com/register/4413211381624840461

⁣Many Americans over 55 are currently faced with some tough choices after being recently laid off or offered an early retirement buyout. Before you rush into a decision that could affect you and your family for the rest of your life, listen as Abe explains how to step back and evaluate your options.

You can subscribe and listen on Apple Podcasts, Spotify, Google Podcasts, or listen immediately by clicking here: http://retirementkeyradio.impact.libsynpro.com/

Take advantage of the market rebound by moving some low-hanging fruit into investments and strategies with a higher pay-off. We're here to help you make the most of your retirement investments.

Schedule a virtual consult: https://abichfinancial.com/covid-19-update/#covid

We're here for you April Newsletter Video

Good afternoon everybody, I'm Abe Abich, founder and CEO of Abich Financial Services and I just wanted to shoot this very brief one-minute video to tell everybody hello and to let you know that we're thinking about you during this very tough time Abich Financial Services that is. #AprilNewsletter #Covid19 #Covid19Pandemic #AbichFinancialServices

Good afternoon everybody, I'm Abe Abich, founder and CEO of Abich Financial Services and I just wanted to shoot this very brief one-minute video to tell ever...

We're here for you

Good afternoon everybody, I'm Abe Abich, founder and CEO of Abich Financial Services and I just wanted to shoot this very brief one-minute video to tell everybody hello and to let you know that we're thinking about you during this very tough time Abich Financial Services that is. #AprilNewsletter #Covid19 #Covid19Pandemic #AbichFinancialServices

In times of uncertainty, it's important to understand your financial plan. We're here to provide professional insight in hopes that you feel more confident in your financial future.

There is economic relief available for you. If you need help navigating the PPP loans or finding additional monetary programs, we're here to help.

Schedule a virtual consult: https://abichfinancial.com/covid-19-update/#covid

Tuesday, April 28th at 6:00pm is our next virtual event! This is a class we typically offer at NoVa Community College's Loudoun Campus, but this month we're mailing workbooks to your home to follow along with the lecture. We'll have up-to-date information and advice, so if you're worried about retiring after COVID-19, make sure that you don't miss it.

Register here: https://register.gotowebinar.com/register/4413211381624840461

Here's your financial word of the day!