Statement shock is the beginning, but longevity may be clients’ biggest risk
Longer lifespans increase the chance that your clients will outlive their money or have to drastically downgrade their lifestyle.
We are a couple of weeks away from 401(k) and IRA statement shock based on the performance of the equity and fixed-income markets. Advisers who have clients who are long retired, (who doesn't?), clients who decided to take the retirement plunge during Covid or those who are approaching that moment m
Learn more about reprints and licensing for this article.
