Economic Commentary: Inflation Forecast

posted in Economic Commentary May 15, 2018


Most recent inflation data depict that mild inflationary pressures are building, consistent with a maturing business expansion. However, powerful structural forces that limit business pricing power suggest that the cyclical rise in inflation will be moderate compared with previous cycles. 

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3 Strategies for Helping Clients Cover Healthcare Costs in Retirement

posted in Retirement May 8, 2018


The latest numbers are in, and retirees will likely experience some sticker shock when it comes to healthcare costs. According to Fidelity Investments, a healthy 65-year old couple retiring in 2018 can anticipate needing $280,000 to cover healthcare costs1. For healthy individuals retiring in 2018, the outlook is equally as alarming. A single man will need an estimated $133,000, and a single woman $147,0001.

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Can Affluent Investors Overcome Doubts About Market Performance?

posted in Risk Tolerance, Cautious Investors May 1, 2018


2017 saw a decided split among the affluent when it came to faith in the market. Spectrum Group reported that those with $1 million or more in investable assets no longer held onto major market skepticism, although they remained mildly bearish. Investors with $500,000 to $1 million in assets, however, lost considerable confidence. So much so, in fact, that 42% opted out of investing altogether by June of 2017 — a steep climb from the 33.6% in February1.

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Why Financial Advisors Need to Develop and Implement a Succession Plan

posted in Retirement, Inheritance Apr 24, 2018


You’ve built a career on helping clients prepare for their retirement, but have you thought about how you’ll handle yours? 

Many advisors view creating a formal succession plan as a “someday” task, as evidenced by only about 30% of financial advisors having a plan in place1. That’s not to suggest advisors underestimate the importance of having a succession plan, but rather that there are often significant personal and professional considerations that could increase the desire to delay.

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Social In-Security: Helping Your Clients Plan for An Uncertain Future

posted in Retirement, Social Security Apr 17, 2018


President Roosevelt signed the Social Security Act in 1935, stating that the law “will take care of human needs and at the same time provide the United States with an economic structure of vastly greater soundness1.”

Eight decades later, April is known as “Social Security Month” in recognition of the long-standing contributions of the Social Security Act, and in furtherance of education about Social Security Administration (SSA) programs and services2. However, given the current state of the Social Security Trust Fund, the month isn’t exactly one of celebration — especially for the 61% of retirees who report SSA benefits comprise at least half of their monthly income.

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Practical Tips for Understanding and Connecting With Millennial Investors

posted in Client Relationships Apr 10, 2018


With each generation comes a new attitude toward investing and, for many, greater worries about their financial futures and how their retirements will be funded. Millennials have been subjected to a variety of negative commentaries and stereotypes in recent years in regard to their attitudes toward finances and investing, but there are conflicting studies on how well they’re preparing for the future. 

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Beyond Age: 5 Factors That Could Impact Your Clients’ Longevity Risks

posted in Retirement, Social Security Apr 3, 2018


Age often denotes certain milestones in life. People tend to earmark 65 as “retirement age,” and generally manage their working lives and retirement planning to that number. Further, a majority of retirees and workers accept that they’ll live until at least 85 — if not 95 — years old, as evidenced by data captured in the 2017 EBRI Retirement Confidence Survey1:

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Economic Commentary: What’s In Store for Investors in 2018 and Beyond

posted in Economic Commentary Mar 27, 2018


The dynamic nature of current economic conditions imply that business and investment cycles will inevitably change, almost certainly in a negative direction. In principle, financial markets are priced at the margin, which means that even small changes in expectations can translate into large changes in asset prices.

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Economic Commentary: Indicators Investors Should Monitor To Understand Market Direction

posted in Financial Life Cycles, Economic Commentary Mar 20, 2018


World financial markets are at an important inflection point. The extended period of market calm, complacency and record-low volatility has ended for the current investment cycle. The risk to both equity and bond markets is that economic data are too strong rather than too weak, creating a negative environment for inflation, monetary policy and interest rates.

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What Role Does Social Security Play in Your Clients’ Futures?

posted in Retirement, Social Security Mar 13, 2018


Title II of the original Social Security Act of 1935 established a national plan designed to provide economic security for the nation’s workers. The ensuing decades saw the program expand to include retirees’ dependents and survivors, and the establishment of disability insurance1.

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