Income Planning
Learn what experts and top advisors say about the best ways to work with clients to determine and build successful retirement income plans.
Don’t Pay for Your Kids’ College, Wealth Manager Urges Boomers
By Danielle AndrusWhile boomers may feel a sense of desire or obligation to pay for their childrens higher education, they do so at their own risk to their retirement, says Cathy Pareto, a wealth manager in Miami.
August 29, 2012
Americans: Five-Minute Fee Disclosures, PleaseMaybe theres no sense arguing over disclosure rules: two-thirds of Americans spend less than five minutes going over their retirement plan disclosure documents, and 20% dont read them at all, a LIMRA study found.
August 28, 2012
Gen X and Y Saving Earlier Than Boomers, but Gen Z Is Naïve: TD AmeritradeFully 59% of Gen X and 56% of Gen Y make regular, automatic contributions toward retirement compared with 46% of nonretired Baby Boomers, TD Ameritrade reports.
August 27, 2012
Viewing Life Insurance as an Asset ClassThere are ways to look at coverage that can give advisors and clients further insights into their portfolio allocations and insurance-buying decisions, experts say.
August 27, 2012
Life Settlements—Are They Back?One question financial advisors should be asking themselves today is whether life settlements have returned to the fold as a viable tool in their clients planning strategies.
August 27, 2012
Advisors’ Mistakes on Social Security Advice Hurt WidowsA new study finds advisors tend to overlook the complex interactions of retirement, spousal and survivor benefits. The result is especially detrimental to widows, says Andrew Biggs of the American Enterprise Institute.
August 24, 2012
Asset Allocation Is Overrated in Retirement Plans: PutnamWhat factors are most important to the success of defined contribution plan participants?
August 24, 2012
Pre-Retiree Income Crushed Since Beginning of ‘Recovery’Maybe recovery no longer means what we think. A new report from Sentier Research finds that almost every cohort it studied is worse off now than it was three years ago.