The Actuaries: Longer Client Life Spans Require Big Shift From Advisors
Advisors who write financial plans for clients, and those who work with clients on their financial plans, take an individual's life expectancy into account. But how seriously are you factoring clients’ extended life spans into your retirement planning?
Retirees, Pre-Retirees Slowly Regaining Confidence: SOA
In 2011, prior to the U.S. debt downgrade and the most recent bout of market volatility, retirees and pre-retirees were less concerned with their finances than they were in 2009, the Society of Actuaries found.
Olivia Mitchell, Kent Smetters, Others Reveal Holes in Retirement Advice
Surveys show millions of people want to discuss retirement with a professional advisor. But a forthcoming book edited by Olivia Mitchell and Kent Smetters points to barriers to advice in the retirement marketplace.
Navigating the Long, Forked Road to a Retirement Paycheck
To annuitize or not to annuitize? That’s just one of many questions financial advisors face in the seemingly simple but actually complex effort to produce a paycheck for retirement clients.
Retiree Confidence Returning to Pre-Crisis Level
Retirees are returning to their 2008 attitudes about finances, even if they’re not quite there yet. Retirees feel more financially secure now than they did in 2009, the last time the survey was conducted.
Remember when all retiring clients wanted was security, and all you had to do was convert the majority of investable assets into bonds? The assumption...