By including annuities as one component of the formal retirement income planning process, financial planners can show the context and point of view for why these instruments can help the client minimize the probability of running out of money.
Even for high net worth clients, financial professionals must be sure they carve out a portion of the retirement savings for healthcare and long-term care costs.
As it turns out, high net worth individuals may be among the most receptive market to new finance tech.
The last year has certainly been a wild ride for the financial services industry, as well as just about anyone with a pulse on finance.
Although competition to attract the high net worth client segment is fierce, financial planners can tap into this market.
In a recent survey, some surprising feelings about the average financial wellness of the American worker came to light.
For the fifth year in a row, student debt has contributed to millennials feeling ill at ease about their financial futures.