How to prep clients for longer lifespans

As Joel Garreau, author of "Radical Evolution: The Promise and Peril of Enhancing Our Minds, Our Bodies—and What It Means to Be Human," sees it, there are four ways seniors will age by the time we reach 2030: We’ll stay roughly the same. Modest technological changes will help more of us live into our 80s […]

Millennials face savings crisis

Faced with student loan payments and a lackluster jobs market, Millennials—adults under the age of 35—are spending more than they’re earning today, with a savings rate of negative 2 percent. According to a recent Wall Street Journal article, a Moody’s Analytics study has found that Millennials are saving far less than other generations. The savings […]

The retirement crisis: Is it real?

According to a PBS survey, 92 percent of Americans think there’s a retirement crisis in the country. But is there? And if so, how big is it? There are new retirement studies released seemingly every day, and the data is often conflicting. For example, according to the Employee Benefit Research Institute’s 2014 Retirement Readiness Rating, […]

Working Longer: Not a Realistic Retirement Strategy

Many workers plan to stretch meager retirement savings by working longer. Unfortunately, that plan doesn’t always work out. According to the latest Retirement Confidence Survey from the Employee Benefit Research Institute (EBRI), one in two—or 49 percent—of retirees left the workforce earlier than planned. For some people, an unplanned early retirement is a positive thing. […]

There’s more than one way to invest in a college education

With the cost of college skyrocketing—the price of a degree has increased 1,120 percent in the last 30 years, according to Bloomberg—parents are searching for easy ways to set aside more money for their children’s education. To that end, U.S. News and World Report recently asked financial advisors how they’re preparing for their own children’s […]