longevity risk

Constructing a retirement portfolio can be complex – how important is it to maximise the client's retirement income while managing the risks to the sustainability of their income and the need for flexibility as their circumstances change? The future is now and the ability to create certainty and confidence via easy access to new and innovative retirement solutions will be critical. I believe retirement strategies must adapt in line with markets and demographics trends and the additional risks that are relevant for investors in decumulation. Retirement income products of the future must be relevant to an ageing population that is living longer and who need certainty and confidence. - Mark Lapedus, Allianz Retire+. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Kelley covers some strategies to help eliminate worrying about your retirement savings and running out of money in retirement.  Those include paying off debt, determining retirement spending needs, practicing retirement spending, and investing in the right type of insurance.  She then reveals some retirement stats related to longevity and planning for that, accessing retirement funds too early, and planning for the possibility of being forced into retirement before you’re ready.  What are signs that you may not be ready to retire?  Kelley talks about those who are looking for a quick retirement fix and spending without a plan.

You can reach Kelley Slaught by calling 800-810-8060.

California Wealth Advisors

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Marty covers some strategies to help eliminate worrying about your retirement savings and running out of money in retirement.  Those include paying off debt, determining retirement spending needs, practicing retirement spending, and investing in the right type of insurance.  He then reveals some retirement stats related to longevity and planning for that, accessing retirement funds too early, and planning for the possibility of being forced into retirement before you’re ready.  What are signs that you may not be ready to retire.  Marty talks about those who are looking for a quick retirement fix and spending without a plan.

You can reach Marty Nevel by calling 888-519-9096.

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Kristina covers some strategies to help eliminate worrying about your retirement savings and running out of money in retirement.  Those include paying off debt, determining retirement spending needs, practicing retirement spending, and investing in the right type of insurance.  She then reveals some retirement stats related to longevity and planning for that, accessing retirement funds too early, and planning for the possibility of being forced into retirement before you’re ready.  What are signs that you may not be ready to retire?  Kristina talks about those who are looking for a quick retirement fix and spending without a plan.

You can reach Kristina Ping Kepperling by calling 800-832-1100.

Powerful Legacy Insurance and Financial Services

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Luke covers some strategies to help eliminate worrying about your retirement savings and running out of money in retirement.  Those include paying off debt, determining retirement spending needs, practicing retirement spending, and investing in the right type of insurance.  He then reveals some retirement stats related to longevity and planning for that, accessing retirement funds too early, and planning for the possibility of being forced into retirement before you’re ready.  What are signs that you may not be ready to retire.  Luke talks about those who are looking for a quick retirement fix and spending without a plan.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

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Kelley breaks down proposals that are included in Securing a Strong Retirement Act of 2022 which is also known as Secure Act 2.0.  Proposed changes include requiring employers to auto enroll employees in a 401(k) or 403(b), raising the RMD age, new rules for 401(k) retirement plans, and increases for catch up contributions.  She also gives considerations on saving more and saving smarter for retirement such as factoring in longevity and inflation, looking at a health savings account, and considering an annuity.  Kelley then moves to what you will do with all that time in retirement.  Trips, part-time work, fitness, health, and finding your purpose are included in the conversation.

You can reach Kelley Slaught by calling 800-810-8060.

California Wealth Advisors

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Alan breaks down proposals that are included in Securing a Strong Retirement Act of 2022 which is also known as Secure Act 2.0.  Proposed changes include requiring employers to auto enroll employees in a 401(k) or 403(b), raising the RMD age, new rules for 401(k) retirement plans, and increases for catch up contributions.  He also gives considerations on saving more and saving smarter for retirement such as factoring in longevity and inflation, looking at a health savings account, and considering an annuity.  Alan then moves to what you will do with all that time in retirement.  Trips, part-time work, fitness, health, and finding your purpose are included in the conversation.

You can reach Alan Cantrell by calling 479-935-9767.

Retirement Strategies Group of Northwest Arkansas

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Luke breaks down proposals that are included in Securing a Strong Retirement Act of 2022 which is also known as Secure Act 2.0.  Proposed changes include requiring employers to auto enroll employees in a 401(k) or 403(b), raising the RMD age, new rules for 401(k) retirement plans, and increases for catch up contributions.  He also gives considerations on saving more and saving smarter for retirement such as factoring in longevity and inflation, looking at a health savings account, and considering an annuity.  Luke then moves to what you will do with all that time in retirement.  Trips, part-time work, fitness, health, and finding your purpose are included in the conversation.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Kristina breaks down proposals that are included in Securing a Strong Retirement Act of 2022 which is also known as Secure Act 2.0.  Proposed changes include requiring employers to auto enroll employees in a 401(k) or 403(b), raising the RMD age, new rules for 401(k) retirement plans, and increases for catch up contributions.  She also gives considerations on saving more and saving smarter for retirement such as factoring in longevity and inflation, looking at a health savings account, and considering an annuity.  Kristina then moves to what you will do with all that time in retirement.  Trips, part-time work, fitness, health, and finding your purpose are included in the conversation.

You can reach Kristina Ping Kepperling by calling 800-832-1100.

Powerful Legacy Insurance and Financial Services

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Fred discusses good retirement practices and what to be aware of to make sure your money lasts in retirement.  The conversation includes the consideration of longevity risk, having a savings safety net, and understanding inflation, diversification, and having the right asset allocation.  Fred then looks at the need to take a holistic approach in retirement planning in considerations outside of financial such as your health, your fitness, your purpose, and having fun.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Fred covers five critical mistakes to avoid in retirement planning and retirement life.  These include lack of longevity risk, inflation, and healthcare cost protection, having poor risk allocation, and even not planning on how to fill your free time.  He then moves into things you can do with excess money in retirement to help your loved ones, your charity, and yourself with taxes.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Whealthcare Planning Founder and CEO Chris Heye, PhD discusses how COVID has changed the way people think about the relationship between health and wealth. He also looks at financial wellness and how advisors can help their clients more effectively identify and mitigate health-related financial risks. 

Host – Teresa Mitchell, CFP
ladymoneyllc@gmail.com

In my 20 years in the industry, I have had over a thousand conversations with women who have not felt they have reached their financial potential – usually in the areas of investing and subsequent financial security. I have found the key to moving forward from the image of bag lady to empowered lady is having a different kind of conversation with women than they usually experience with a financial advisor. It is about focusing more deeply on what matters in terms of family, community and life purpose. Approaching the conversation with compassion and a goal of honest, authentic connection creates a sense of trust that makes financial education and taking investment action not only possible but desirable.

To that end I left my longtime wealth management firm and am launching a personal financial coaching platform -- LADY MONEY, LLC. It is intended to help women achieve a sense of financial wellbeing around investing for retirement that imparts peace of mind and ultimately leads to financial security.

Resources:

The Golden Triangle of Happiness --
https://www.huffingtonpost.com.au/2015/10/18/happiness-wellbeing_n_8323916.html

Poverty -- https://www.ssa.gov/policy/docs/population-profiles/marital-status-poverty.html