Accounting for Longevity in Retirement Planning

Longevity in Retirement Planning Blog

Since the mid-19th century, the lifespan of the average citizen of a wealthy country has increased steadily, with that trend now accelerating. According to Dr. Joseph F. Coughlin, founder and director of the MIT AgeLab, some researchers estimate that average life expectancy could extend well past the age of 1001. Coughlin also found that because a…

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Securing Client Confidence with Monte Carlo Simulation in Financial Planning

Monte Carlo Simulations in Financial Planning

Monte Carlo simulations have applications in a wide range of industries, but they are particularly useful in financial planning. Clients need to know how long their money will last and the impact that market conditions will have on their savings and distribution. Advisors most often use geometric means and straight-line analysis, which are both important…

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The Key to Deeper Relationships: Ask the Right Questions to Best Leverage Financial Planning Technology

Deeper Financial Advisor-Client Relationships with Technology

Getting to know clients on both a financial and individual level is essential for advisors who want to provide comprehensive, personalized planning services. Asking clients the right questions is an important first step in establishing a productive relationship, especially for getting to the core of the practical and personal details that may impact a financial…

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