What volatility means for retirement plan participants
Key takeaways
- Careful menu design can help retirement plan participants make better investment decisions.
- Investors nearing retirement are among the most vulnerable to downward market volatility because they have less runway available to make up any losses.
- “Defensive equities” may offer older employees a better balance of risk and return than simply lowering equity allocations.
As the market neared its ninth consecutive year of bullish growth in early 2018, volatility made a return to the market — and again, dramatically, in the fourth quarte
Creating more precision with life expectancy planning
As life expectancy numbers continue to increase, the need for more careful and more precise financial planning for retirement has increased with it. A startup called Genivity, one of the winners of BMO's 1871 FinTech partnership program in 2017, is helping financial advisors have better conversations with their clients by incorporating health history insights into the financial planning process.
To claim or not to claim? The Social Security question
Determining a Social Security strategy can be one of the most complicated processes that people across the U.S. face as they reach retirement. Learn the ins and outs of claiming Social Security and the role you can play in the process as a financial advisor.
Health savings accounts: A strategic retirement tool?
With the cost of healthcare steadily rising across America, planning for this expense has become a focal point in many financial plans. Learn how investors and their advisors can turn to health savings accounts, and their tax benefits to address the specific cost in retirement.