Profiting From Retirement Planning
Advisor Today (06/01) Vol. 96, No. 6 p.88; Hakim, Danny
Investment advisors can capitalize on the current retirement
planning trend if they offer comprehensive, easy-to-understand financial
plans. Financial planners can accomplish this by providing information,
service, assistance and advice in the following areas: calculating the
income needed in retirement; selecting options for pay outs; developing
a retirement cash flow analysis; and constructing proper asset
allocation for retirement plans. What is more, older financial
professionals should have a better shot at tapping into this market than
their younger colleagues because they are on the verge of retiring
themselves and have a better understanding of what is involved and what
concerns retirees.