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Abound Investment Services logo

Jeffrey Schriner

Financial Advisor

 

Abound Investment Services

Located at Abound Credit Union

1650 Ring Road, Elizabethtown, KY 42701

 

Phone:  270-765-8659

Cell:      502-376-0383

 

 

Email: jeffrey.schriner@cunamutual.com

Website: AboundCU.com

Fall 2020

Retirement and the COVID Crisis

The COVID-19 pandemic has likely affected most retirement plan balances and people’s ability to save monthly. But the hardest hit were retirees or those nearing retirement.

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Debt on the Rise

The New York Federal Reserve found that the total household debt balances grew to $14.15 trillion in 2019, the largest annual gain since 2007. Here's how most of it breaks down:

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Succeeding with Succession

Running a small business is not for everyone, but younger family members often want the challenge of taking over when founding generations retire. If you’re part of a family business, here’s how you can work toward continuing the business from one generation to the next, even in times of uncertainty like these.

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Does Delaying Social Security Make Sense

Did you know that every year you delay starting Social Security retirement benefits your eventual monthly benefit increases by 8%, in most cases.* So, if you get your full retirement benefits at age 66, waiting until you are 70 will increase your monthly benefit by 32%.

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Safe Deposit Box Tips

Safe deposit boxes are one way to keep valuable documents and other items safe offsite.

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How to Repair Poor Credit

Poor credit can raise your borrowing costs or eliminate your ability to borrow altogether, and it can even disqualify you from employment opportunities. If you have poor credit, take heart in knowing you can improve your credit score. Here’s how to start the process:

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12 Obstacles to Investing Success

A disciplined investing strategy, whether for a child’s college costs or your retirement, can help you potentially grow your savings over time. However, success depends in part on avoiding obstacles that can trip you up and understanding uncertainty is always a part of investing. When investing for the long haul, beware of these obstacles:

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Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CBSI is a registered broker/dealer in all fifty states of the United States of America. The representative may also be a financial institution employee that accepts deposits on behalf of the financial institution. Abound Credit Union and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

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