By partnering with other professionals advisors can properly address these topics as clients move from working life to retirement
Participation rates in saving strategies are decreasing, while the costs of government support programs are rising
Help clients get the right blend of assets to ensure that their savings don't run out
Financial advisors across all channels of the financial services industry are aging
Research shows that many affluent clients are pessimistic about their retirement. Involving clients in the planning process can help to give them a more positive outlook
Best method: Adjustable withdrawal plans
Financial planning partnership a first for professional players’ association
Majority of young adults recognize the importance of retirement planning, but few have thought about how much they should be saving
Retirees are less likely to make extra payments, which can lead to higher interest costs over time
Francis D’Andrade, managing director of Aurora, Ont.-based consultancy Financial Outcomes, talks about the three most common myths about retirement, and how advisors can inspire their clients to realistically plan their financial future. D’Andrade spoke with Paula Virany, multimedia editor, Investment Executive, at the TMX Broadcast Centre in Toronto.