Eric Reich

Eric, a CERTIFIED FINANCIAL PLANNER® professional, is President and founder of Reich Asset Management, LLC. He relies on his more than 28 years of experience to help clients have an enjoyable retirement. Using his Enjoyable Retirement Solution™, Eric helps retirees maximize retirement income while preserving their principal and designing a plan for their retirement assets to last a lifetime. Eric is a graduate of the Richard Stockton College where he earned a BA in Business Management. He has since obtained his Certified Investment Management AnalystSM (CIMA®) and earned his Chartered Life Underwriter® (CLU®) and Chartered Financial Consultant® (ChFC®) designations. Eric has also earned the Certified Exit Planning Advisor (CEPA®) designation from the Exit Planning Institute. A lifelong resident of Cape May County, Eric resides in Seaville, NJ with his wife Chrissy, their sons ,CJ and Cooper, and daughter Riley.

Retirement pitfalls part 2: IRA distributions

by | Nov 14, 2024 | Features, Finance

By Eric Reich Last week we discussed some of the pitfalls in retirement planning. This week, I wanted to continue that discussion with a pitfall so big that it warrants its own article. There is currently about $45 trillion dollars sitting in retirement plans and...

Avoid these common pitfalls in retirement planning

by | Nov 7, 2024 | Finance

By Eric Reich I often tell clients that when it comes to investing, the way up is a lot easier than the way down. On the way up, low-cost, well-diversified portfolios can help get you to the goal. In most cases, there aren’t a ton of other factors involved in...

What’s the price of a low credit score?

by | Oct 24, 2024 | Features, Finance

By Eric Reich We all know that we should strive to have good credit, but why? What is the reason good credit is so important? This week, I decided to calculate what the average household would pay for a mortgage, car loan, and credit card if they have good credit and...

How to save money

by | Oct 17, 2024 | Features, Finance

By Eric Reich We all know we need to save money, but many of us also struggle with it. Why do we find it so hard to save? For starters, saving isn’t exactly fun. I’m not so naive as to think that you all love to save. While saving can be made to be fun, it typically...