Category: Markets and Investments
Posted by Kimberly A. Branch, CFP® | Nov 1, 2016
As a financial advisor, your training and experience prepares you to give great financial planning and investment advice, but it may not have prepared you for the unique challenges working with an aging client may bring.
Financial literacy drops by about 1.5 percentage points every year after age 60, occurring uniformly across sex, wealth, education level and stock market experience. 1
With Baby Boomers now turning 70, the percentage of your clients over age 60 may be at its highest point in your career, and likely heading higher.
Posted by Gary Gordon | Oct 5, 2016
In meeting the difficult challenge of sustaining income for a lifetime, the “4 percent rule” that may have governed retirement income strategies in recent years is now giving way to much more complex considerations as industry players and academia gain insight into this brave new world of income management.Read More
- What to Expect When You’re Expecting to Change Broker/Dealers posted on June 1, 2020
- Modifying Investor Behavior: How Advisors Can Protect Clients From Their Worst Instincts posted on April 28, 2022
- Thematic Investing: Turning Insights into Alpha posted on May 23, 2022