The 21st Century Retirement Plan: Distribute Phase
Higher inflation, low real interest rates and rising life expectancy are three major challenges for financial advisors and their clients.
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Higher inflation, low real interest rates and rising life expectancy are three major challenges for financial advisors and their clients.
SUMMARY Low interest rates and rising life expectancy are two major challenges for Financial Advisors and their clients. In the distribute phase, portfolios will likely need greater exposure to ‘risk assets’ such as stocks and higher yielding bonds to meet return objectives, in our view. Managing those risks is very important when finding the right balance between current income and growth of principal. Clients in Retirement Needing Income In a world where most people do not enjoy the benefit of a guaranteed pension, retirement becomes a personal responsibility. The goal for many investor...