Your clients have planned. They’ve saved. Crossed their T’s and dotted their I’s. Hopefully you’ve helped them hit a point of financial security. Now they’re ready to begin having children. Many people are opting to wait until they are in the “right place” emotionally and financially before they begin their family. Even celebrities like Selma Hayek, Uma Thurman, Halle Berry and Michael Jordan are having children in their forties or later. Read more
Posts tagged ‘Retirement income’
You’ve probably seen the stats. 46% of Americans have less than $10,000 saved for retirement1. People are living longer in retirement than all previous generations. 10,000 people turn 65 a day. Hordes of retirees every day are pouring into retirement and transitioning from a life of paychecks to a life of creating their own checks without a plan. Like the slow moving zombies in The Walking Dead, many retirees essentially ‘drift’ into retirement. And while scary, it doesn’t necessarily mean that retirees are doomed. It means there needs to be better planning. Read more
The Health-Wealth Connection – Understanding the power of a physically and fiscally fit workforce
I was at an industry meeting recently speaking to a group of employers, retirement plan record keepers, and financial advisors about the state of retirement readiness in America as we move from old America (working for one employer and defined benefit pension plans) to the new America (multiple jobs and defined contribution plans).
The central theme of the talk was that while Americans are not saving enough, viable solutions to get more Americans on track are becoming increasingly clear. We just need to move faster. Read more