Clients, Retirement and Retirement Planning

How Much Does Having The ‘Right’ Capital Market Assumptions Matter In Retirement Planning?

Nerd's Eye View

DECEMBER 11, 2024

"How much can I spend in retirement?" is perhaps the most fundamental question a client brings to their advisor. Advisors want to help clients set a secure, reliable retirement plan, yet even the most comprehensive assumptions will inevitably deviate from reality at least to some degree.

Retirement Planning

Retirement Planning Retirement Planning Marketing

Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization

Nerd's Eye View

APRIL 2, 2025

For many financial advisors, a core part of the retirement planning process involves simulating whether the client's assets will last through retirement. Yet while these tools offer mathematical metrics, they often fall short in helping clients connect the numbers to their real lives.

Retirement

Retirement Clients Retirement Planning Marketing

Gathering Feedback That Counts: Crafting Client Surveys To Offer Services That Matter Most

Nerd's Eye View

MARCH 10, 2025

These services may range from 'standard' offerings like retirement planning to less traditional areas like credit card consulting. In a firm's early years, there tends to be more room for experimentation, with advisors adding new services to provide value and attract clients.

Clients

Clients Financial Advice Retirement Planning Financial Services

Webinars

Book of Secrets on the Month-End Close

What Your Financial Statements Are Telling You—And How to Listen!

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

MORE WEBINARS

Expanding Horizons: Driving Convergence of Wealth Management and Retirement Planning

Wealth Management

OCTOBER 4, 2023

Advisors look toward holistic client-focused strategies with converging retirement planning and wealth management.

Retirement Planning

Retirement Planning Wealth Management Retirement Management

Weekend Reading For Financial Planners (January 18–19)

Nerd's Eye View

JANUARY 17, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that at a time when brokerage firms' cash sweep programs come under increased scrutiny (and as the Federal Reserve has cut interest rates), Charles Schwab (the largest RIA custodian) continues to slash sweep rates for client (..)

Financial Planner

Financial Planner Retirement Planning Retirement Financial Advisor

Weekend Reading For Financial Planners (November 30–December 1)

Nerd's Eye View

NOVEMBER 29, 2024

Which could prove to be a boon for the financial advice industry as more consumers are willing to entrust their assets to an advisor (while at the same time possibly making it tougher for some advisors to differentiate themselves primarily by how they put their clients' interests first?). Read More.

Financial Planner

Financial Planner Financial Advice Retirement Financial Advisor

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Nerd's Eye View

DECEMBER 30, 2024

We start with several articles on retirement planning: Why considering a client's retirement time horizon and spending flexibility could lead to more accurate (and often higher) safe withdrawal rates than the simpler "4% rule" Four unique risks retirees face when drawing down their assets, from sequence of returns risk to tax risk, and how financial (..)

Financial Advisor

Financial Advisor Insurance Tax Planning Taxes

Firms Not Offering Tax, Retirement Planning Are Getting it Wrong

Wealth Management

OCTOBER 4, 2023

Advisors are overdelivering services such as health care, estate and business planning, while falling short in the areas their clients most desire.

Retirement Planning

Retirement Planning Planning Retirement Business Planning

Weekend Reading For Financial Planners (December 28–29)

Nerd's Eye View

DECEMBER 27, 2024

The report suggests this might be due in part to increased RIA valuations and the assumption of some firm founders that next-generation employees won't be financially able to buy out the firm from them, though additional data indicates that many firms don't have career paths in place that could help next-generation advisors envision their path to firm (..)

Financial Planner

Financial Planner Insurance Coverage Insurance Valuation

Weekend Reading For Financial Planners (February 8–9)

Nerd's Eye View

FEBRUARY 7, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that CFP Board CEO Kevin Keller this week announced his plans to retire and step down from his position at the end of April next year.

Financial Planner

Financial Planner CFP Financial Planning Retirement

#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

Nerd's Eye View

APRIL 8, 2025

Seth is the founder of Heartwood Financial Planning, an advisory firm affiliated with PlanMember Securities Corporation that is based in Fresno, California, and oversees approximately $100 million in assets under management for 850 client households.

Financial Planning

Financial Planning Clients Planning Financial Advisor

Weekend Reading For Financial Planners (February 1–2)

Nerd's Eye View

JANUARY 31, 2025

Also in industry news this week: While RIA M&A deal flow hit record levels in 2024 (both in terms of volume and the speed of completing them), firm valuations saw relatively modest gains In its latest annual regulatory oversight report, FINRA joined the SEC in flagging the potential risks to firm and client data from the use of third-party vendors (..)

Financial Planner

Financial Planner Retirement Planning Compliance Taxes

Survey: Financial Advisors Have Larger Role To Play In Clients' Retirement Planning

Wealth Management

JANUARY 31, 2023

Vestwell conducted the fourth-annual “Retirement Trends Report” in fall 2022 and received responses from almost 1,300 savers, 500 financial advisors and 250 small businesses.

Financial Advisor

Financial Advisor Retirement Planning Retirement Clients

Solo RIAs Not Planning for Retirement Risk Extinction

Wealth Management

DECEMBER 16, 2024

Succession planning can be as simple as recreating the retirement planning process you walk clients through every day.

Retirement

Retirement Planning Retirement Planning Clients

“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Nerd's Eye View

FEBRUARY 12, 2025

While it may take a while for the adjustments to take place, advisors can still help their clients plan for the effect of WEP and GPO's repeal by estimating how much the client will be receiving in Social Security benefits once the new law is implemented. will be top of mind for clients affected by the WEP and GPO.

Retirement

Retirement Government Clients Planning

Helping Hesitant Clients Boost Their Retirement Spending

Nerd's Eye View

NOVEMBER 8, 2023

Retirement is often framed as one's "golden years", a time to enjoy the fruits of several decades of hard work. And for many retirees who have planned accordingly, this transition is not a problem as they might spend generously on travel, hobbies, or other pursuits. market conditions or their own longevity).

Retirement

Retirement Clients Planning Food

Wealthies Circle Podcast: Addressing Client Retirement Concerns Post-Pandemic

Wealth Management

DECEMBER 16, 2022

Our panel of experts share their approaches to wealth accumulation and planning for longevity in a changing retirement planning environment.

Wealth Accumulation

Wealth Accumulation Retirement Retirement Planning Clients

The WealthStack Podcast: Demystifying the Decumulation Phase of Retirement Planning with Sheryl O’Connor

Wealth Management

JUNE 30, 2023

IncomeConductor's Sheryl O'Connor details why it's important for an advisor not just to get clients to retirement, but through it as well.

Retirement Planning

Retirement Planning Retirement Planning Clients

Adviser links: estate uncertainty

Abnormal Returns

MARCH 10, 2025

(kitces.com) Estate planning Estate plans are a big lift for everyone, including advisers themselves. kindnessfp.com) Why clients need to organize their digital assets for estate planning purposes. riabiz.com) This money manager's ETF business was built on entertaining clients. abnormalreturns.com)

Estate Planning

Estate Planning Retirement Planning CFP Portfolio Management

Wild Cards, Would-Be Clients and a New Breed of Annuity

Wealth Management

FEBRUARY 23, 2023

A new WMIQ study on retirement planning, conducted in collaboration with annuity provider Midland Advisory, found more than 3/4 of potential clients feel it’s important for advisors to be fiduciaries and nearly 2/3 prioritize retirement expertise.

Clients

Clients Retirement Planning Retirement Planning

Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

Nerd's Eye View

NOVEMBER 6, 2024

In the early days of financial planning, serving clients often meant developing transactional relationships focused on facilitating trades and selling insurance. Over time, advisors shifted toward more analytical approaches, such as investment management and retirement planning.

Clients

Clients Planning Financial Planner Financial Planning

Your Retirement Planning Starter Pack

Carson Wealth

MARCH 7, 2024

By Jake Anderson, CFP ® , Wealth Planner When helping clients begin retirement planning, the same questions often arise: What should my retirement plan look like? Your lifestyle, goals, family situation, and risk tolerance will give a unique signature to your retirement plan.

Retirement Planning

Retirement Planning Retirement Planning Risk Tolerance

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Wealth Management

AUGUST 7, 2024

Including permanent life insurance can help prevent blind spots in retirement planning and enable clients to live longer.

Financial Planning

Financial Planning Retirement Planning Planning Assets

Reframing Risk In Retirement As “Over- And Under-Spending” To Better Communicate Decisions To Clients, And Finding “Best Guess” Spending Level

Nerd's Eye View

APRIL 24, 2024

Over the past few decades, advicers have used Monte Carlo analysis tools to communicate to clients if their assets and planned level of spending were sufficient for them to realize their goals while (critically) not running out of money in retirement.

Communication

Communication Retirement Clients Accounting

Helping Nervous Clients Understand The (True) State Of The Social Security System And What It Means For Their Retirement

Nerd's Eye View

OCTOBER 2, 2024

In this environment, financial advisors have the opportunity to add value for their clients not only by giving a clear explanation about the current status of Social Security and the potential legislative changes that could improve its solvency, but also by modeling what (realistic) changes would mean for their clients' financial plans.

Retirement

Retirement Clients Financial Planning Financial Advisor

The Most Tax-Friendly States For Retirees: How To Compare State Income Tax Options For Retiring Clients

Nerd's Eye View

SEPTEMBER 29, 2022

As an individual begins planning for retirement, one of the factors often considered is whether (and where) they might relocate to enjoy their retirement. When evaluating their potential options across the U.S., a state’s income tax rules can have a significant impact on where they might choose to live.

Taxes

Taxes Retirement Retirement Planning Clients

Implementing Retirement Income Guardrails To Facilitate (The Right) Spending Raises And Spending Cuts

Nerd's Eye View

JANUARY 4, 2023

Financial advisors have a wide range of strategies at their disposal to create financial plans for their clients. This strategy is valuable because it generally allows for higher initial withdrawal rates than more static approaches that don’t accommodate clients willing to adjust their spending in retirement.

Retirement

Retirement Distribution Retirement Planning Asset Allocation

Kitces & Carl Ep 119: Navigating Succession Plans When Founders Are Having Second Thoughts On Retirement

Nerd's Eye View

AUGUST 24, 2023

However, when these aspirations are delayed or blocked by senior advisory firm partners who choose to delay their retirement plans, it can leave younger advisors frustrated and in a place of uncertainty about their futures with their firm.

Retirement

Retirement Planning Retirement Planning Communication

Inflation Is A Risk In Retirement, But Most Planning Technology Doesn’t Treat It That Way

Nerd's Eye View

SEPTEMBER 20, 2023

But despite recognizing the impact of investment variability and sequence of return risk on a financial plan, advisors have generally ignored the same historical trends for inflation in their clients' financial plans. Read More.

Retirement

Retirement Planning Financial Planning Risk Tolerance

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets

Assets Management Clients Compliance

Adviser links: dissolving structures

Abnormal Returns

FEBRUARY 24, 2025

morningstar.com) Carl Richards and Michael Kitces on whether a client should take time before coming on as a client. How to do better for clients. kitces.com) Working with UNHW clients is more complex. citywire.com) Your (potential) clients are looking online for financial advice.

Wealth Management

Wealth Management Retirement Planning Financial Advice Clients

Adviser links: an existential issue

Abnormal Returns

SEPTEMBER 2, 2024

Podcasts Brendan Frazier talks with Michael Finke about the three cornerstones of a happy and fulfilling retirement. citywire.com) M&A For better or worse, advisers are putting off retirement. investmentnews.com) Retirement Retirement planning is challenging because we simply don't know how long someone will live.

Retirement Planning

Retirement Planning Retirement Food Clients

6 Signs It’s Time to Ditch DIY Retirement Planning

Carson Wealth

MARCH 28, 2024

Retirement planning is a journey that generally takes decades to complete and most of us start out along the do-it-yourself path. More than likely, your first step was to enroll in an employer-provided plan such as a 401(k) or setting up an individual retirement account, also known as an IRA.

Retirement Planning

Retirement Planning Retirement Planning Taxes

Adviser links: objectives and aspirations

Abnormal Returns

MAY 13, 2024

blogs.cfainstitute.org) How life events affect retirement planning. investmentecosystem.com) Reflections on eight years of running a financial planning practice. wealthmanagement.com) Why 4% retirement withdrawal rates are still a thing. (riabiz.com) Archive Intel has entered the adviser communications archiving space.

Math

Math Retirement Planning Financial Advice Retirement

Pershing X Knitting More Services into New Wove Platform

Wealth Management

JUNE 7, 2023

Collaborations with Salesforce, PureFacts and Pontera will add retirement planning, billing and client onboarding capabilities to the multi-custodial platform announced this week at INSITE.

Retirement Planning

Retirement Planning Retirement Clients Planning

SECURE Act 2.0: Later RMDs, 529-to-Roth Rollovers, And Other Tax Planning Opportunities

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0

Tax Planning

Tax Planning Planning Taxes Retirement Planning

SECURE Act 2.0: Later RMDs, 529-to-Roth-Rollovers, And Other Tax Planning Opportunities

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0

Tax Planning

Tax Planning Planning Taxes Retirement Planning

How Different Monte Carlo Models Perform In The Real World: Assessing Quality Of Predictiveness In Retirement Income Forecasting Models

Nerd's Eye View

APRIL 12, 2023

When planning for retirement, it’s effectively impossible to precisely forecast the performance and timing of future investment returns, which in turn makes it challenging to accurately predict a plan’s success or failure.

Retirement

Retirement Retirement Planning Math Advertising

Oswego Crest Financial Group Leaves Commonwealth Financial for Steward Partners

Wealth Management

AUGUST 2, 2023

The Oregon quartet specialized in retirement planning manages around $230 million in client assets.

Retirement Planning

Retirement Planning Retirement Assets Clients

The Power of RILAs in Retirement Planning

Advisor Perspectives

APRIL 25, 2024

million Americans turning 65 in 2024, advisors are navigating four core risks that will impact their portfolios in retirement: longevity, inflation, volatility, and emotions. With nearly 4.5 We will discuss new research by Dr. Wade Pfau, professor at The American College of Financial Services.

Retirement Planning

Retirement Planning Retirement Planning Financial Services

The WealthStack Podcast: How Does 401(k) and Held Away Account Management Fit into Holistic Advice?

Wealth Management

MARCH 17, 2023

Pontera CMO Nicole Zheng how advisors should approach the concept of holistic advice with clients, especially surrounding retirement planning.

Retirement Planning

Retirement Planning Accounting Retirement Management

Weekend Reading For Financial Planners (May 11-12)

Nerd's Eye View

MAY 10, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners"– this week's edition kicks off with the news that a recent analysis from Morningstar suggests that the Department of Labor's (DoL's) new Retirement Security Rule (aka Fiduciary Rule 2.0)

Financial Planner

Financial Planner Retirement Planning Retirement Valuation

Optimizing Social Security: A Key Component of Retirement Planning

Covisum

MARCH 27, 2025

One of the key elements in retirement income planning is understanding the role of Social Security. Many clients may view Social Security simply as an income source, but savvy advisors recognize its potential as a unique asset that can significantly shape a well-rounded retirement strategy.

Retirement Planning

Retirement Planning Retirement Planning Clients

Adviser links: limited progress

Abnormal Returns

JANUARY 15, 2024

riaintel.com) HNW clients want additional services. thinkadvisor.com) Retirement Baby Boomers were supposed to retire in penury. city-journal.org) Delayed Social Security claiming requires an explicit bridge plan. kitces.com) Client's lives are growing more complex. It hasn't happened.

Financial Planner

Financial Planner Wealth Management Retirement Planning Financial Advising

How Much Does Having The ‘Right’ Capital Market Assumptions Matter In Retirement Planning?

Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization

Webinars

Trending Sources

Gathering Feedback That Counts: Crafting Client Surveys To Offer Services That Matter Most

Webinars

Expanding Horizons: Driving Convergence of Wealth Management and Retirement Planning

Weekend Reading For Financial Planners (January 18–19)

Weekend Reading For Financial Planners (November 30–December 1)

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Firms Not Offering Tax, Retirement Planning Are Getting it Wrong

Weekend Reading For Financial Planners (December 28–29)

Weekend Reading For Financial Planners (February 8–9)

#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

Weekend Reading For Financial Planners (February 1–2)

Survey: Financial Advisors Have Larger Role To Play In Clients' Retirement Planning

Solo RIAs Not Planning for Retirement Risk Extinction

“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Helping Hesitant Clients Boost Their Retirement Spending

Wealthies Circle Podcast: Addressing Client Retirement Concerns Post-Pandemic

The WealthStack Podcast: Demystifying the Decumulation Phase of Retirement Planning with Sheryl O’Connor

Adviser links: estate uncertainty

Wild Cards, Would-Be Clients and a New Breed of Annuity

Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

Your Retirement Planning Starter Pack

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Reframing Risk In Retirement As “Over- And Under-Spending” To Better Communicate Decisions To Clients, And Finding “Best Guess” Spending Level

Helping Nervous Clients Understand The (True) State Of The Social Security System And What It Means For Their Retirement

The Most Tax-Friendly States For Retirees: How To Compare State Income Tax Options For Retiring Clients

Implementing Retirement Income Guardrails To Facilitate (The Right) Spending Raises And Spending Cuts

Kitces & Carl Ep 119: Navigating Succession Plans When Founders Are Having Second Thoughts On Retirement

Inflation Is A Risk In Retirement, But Most Planning Technology Doesn’t Treat It That Way

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

Adviser links: dissolving structures

Adviser links: an existential issue

6 Signs It’s Time to Ditch DIY Retirement Planning

Adviser links: objectives and aspirations

Pershing X Knitting More Services into New Wove Platform

SECURE Act 2.0: Later RMDs, 529-to-Roth Rollovers, And Other Tax Planning Opportunities

SECURE Act 2.0: Later RMDs, 529-to-Roth-Rollovers, And Other Tax Planning Opportunities

How Different Monte Carlo Models Perform In The Real World: Assessing Quality Of Predictiveness In Retirement Income Forecasting Models

Oswego Crest Financial Group Leaves Commonwealth Financial for Steward Partners

The Power of RILAs in Retirement Planning

The WealthStack Podcast: How Does 401(k) and Held Away Account Management Fit into Holistic Advice?

Weekend Reading For Financial Planners (May 11-12)

Optimizing Social Security: A Key Component of Retirement Planning

Adviser links: limited progress

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