The Financial Planning Channel

Coping with Sequence Risk: How Variable Withdrawal and Annuitization Improve Retirement Outcomes

A strategy that combines variable withdrawals with partial annuitization using a single-premium immediate annuity maximizes the cash available for consumption.

Dalbar 2017: Investors Suck At Investing & Tips For Advisors

Several years ago, I began writing an annual update discussing Dalbar’s Quantitative Analysis Of Investor Behavior study. The study showed just how poorly investors perform relative to market benchmarks over time and the reasons for that underperformance.

Women & Longevity

When it comes to retirement income and longevity, women may have additional challenges to consider, says Christine Russell of TD Ameritrade.

Median Household Incomes by Age Bracket: 1967-2016

Earlier this week, we updated our commentary on household income distribution to include the Census Bureau's release of the 2016 annual data. Our focus was on arithmetic mean (average) household incomes by quintile (and the top 5%) over the 50-year history of this data series. The analysis offered some fascinating insights into U.S. household incomes. But the classification misses the implications of age for income. Households are by no means locked into the same quintile over time.

Health Care Reform – Right, Left, and Center

Three new health care reform initiatives - from the political right, left, and center - are developing in the Senate. Earlier this week I joined CNBC's Nightly Business Report to discuss the proposal up first for consideration: the Graham-Cassidy bill, which would turn the ACA into a system of state grants.

Retirement & CEFs

Adding closed-end funds to your investment portfolio may be a way to help boost your retirement income, industry pros say.

Robo Advice Data Now Available for Advisors

Robo advice is the newest disruptor in the financial industry and many advisors are not sure how to interpret this new investment advice solution. Some are writing it off as a solution for lower asset customers, some are concerned about the competitive threat, while others are embracing the technology for use in their own business.

A Six-Step Plan to Track Prospects

This article will walk through six steps you can take to ensure that transitioning prospects into clients is a successful venture.

Advisors Leveraging New Programs to Launch ETFs

Over three years $1.4 trillion moved into low-fee funds including ETFs, which are quickly becoming the most popular of 18 major vehicles. The complexity of launching an ETF and their operational overhead has kept many firms from launching funds. New programs now help firms launch and manage ETFs.

Retirement Future

More ways to create lifelong income, more advance planning and more financial education may help improve your retirement future, industry pros say.

The Latest Look at the Total Return Roller Coaster

Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to $18,831 for an annualized real return of 12.73%.

U.S. Workforce Recovery

We've updated our monthly workforce analysis to include last week's Employment Report for August. The unemployment rate ticked up to 4.4%, and the number of new nonfarm jobs (a relatively volatile number subject to extensive revisions) came in at 156K.

Retirement Experience

Working with a trusted advisor may help you create a sustainable income plan for a successful retirement experience, industry pros say.

The Trend that is Ruining Finance Research

According to Andrew Ang, a guru of factor-based investing and former chair of the finance and economics division of Columbia Business School’s Data Science Institute, the “anomalies” literature is the scientific foundation for quantitative asset management. But this focus, which was not very scientific to begin with, is proving its utter ruin.

Retirement Savings: Why Hedging Inflation Is Important

Although inflation may seem a distant threat, even modest inflation can prove devastating to retirees who depend on income that does not adjust with inflation.