Forward Motion
Have baby boomers saved enough for retirement? Short answer... no. But that also depends on the baby boomer....
If only there was a bailout for retirement....
One in three boomers selling their home today will have to use out-of-pocket money just to cover the mortgage and transaction costs....
By last December, 1.4 million of the 11.1 million unemployed Americans were age 55 and older, and 32 percent of those job seekers had been unemployed for 27 weeks or longer....
The U.S. Government Accountability Office is worried the Social Security Administration won't be able to handle both the increase in claims and the wave of staff retirements....
Broker/Dealer Playbook
It almost goes without saying that 2009 will mark a sea of change in the financial advisor space....
The Fund Watch
Disparities between African American versus White boomer retirement savings patterns are important for financial advisors to examine....
Mutual fund assets worldwide decreased 12.1 percent to $21.66 trillion at the end of the third quarter of 2008 according to the Investment Company Institute....
Let's hope it's a harbinger of things to come....
Not that we're all that surprised (they are mutual funds after all), but target date funds are a major disappointment....
CheckList
Due to a recent decline in disposable income (to put it mildly), clients might feel long term care insurance is a "luxury" they can no longer afford....