1+ hour, 40+ min ago  (507+ words) Younger investors want an advisor to serve as a facilitator for cross-generational retirement and financial planning discussions, while older investors are largely declining to take that step. This is according to an Advisor Authority'study,'powered by the Nationwide Retirement Institute....

1+ mon, 3+ week ago  (804+ words) Individuals and couples without children are more common than ever before. In fact, the most recent data from the Pew Research Center found that among adults under 49 without children, 47% say they never plan to have children. "We are working with…...

2+ mon, 3+ week ago  (749+ words) The "Great Wealth Transfer" is no longer a distant forecast. It is actively reshaping the financial landscape of American families. Over the next two decades, an estimated $84 trillion will move from baby boomers to younger generations. Yet even as assets…...

2+ mon, 4+ week ago  (421+ words) For that to occur, granular and sometimes uncomfortable conversations must take place. People bare their souls to financial planners as they explain things like wanting their child with special needs to have as few financial concerns as possible or they…...

3+ mon, 4+ day ago  (955+ words) Current annuity illustrations from top sellers show returns as high as 27% in one year, said Ben Slutsker, director of life actuarial valuation at the Minnesota Department of Commerce. Slutsker noted the juicy illustrations Tuesday during the first meeting of the…...

3+ mon, 4+ day ago  (580+ words) No matter a client's age or stage of life, annual annuity reviews are essential. During these yearly planning meetings, you sit down with the client to evaluate how their annuity is performing and confirm it still aligns with their financial…...

6+ mon, 2+ day ago  (373+ words) One of the biggest mistakes people make is naming minor children as beneficiaries on accounts and policies. The thought is "I'll avoid probate court because I have beneficiaries named and they'll get the money directly." This is only partly true....

10+ mon, 2+ week ago  (258+ words) When that wealth eventually transfers down to next-gen households, Horton said, millennials are expected to inherit the most--$46 T, though most of this transferring will take place in the 2030s and 2040s. "In the next 15 years, Gen X households will be the…...

5+ mon, 3+ week ago  (365+ words) The great wealth transfer is well underway, with trillions expected to pass from one generation to the next. Yet despite the magnitude of this shift, many Americans are unprepared. A new survey from MDRT found that 45% of consumers have not…...

10+ mon, 2+ week ago  (742+ words) The SECURE Act changed the rules for many individuals who inherited individual retirement accounts. However, even though SECURE took effect five years ago, advisors continue to receive questions from clients about IRS regulations that complicate the rules for certain classes…...