Retirement Advisor: Paralysis Hampers Pre-Retiree Planning

The Alliance for lifetime Income has released a new survey reflecting Americans’ retirement anxieties. This podcast (6:10) argues that financial advisors should reach out to pre-retirees with an offer to help determine how much they can spend in retirement without outliving their financial resources. They must also understand, and underscore, that life expectancy is as volatile as stock market returns (something I illustrate with a personal example).Learn more about your ad choices. Visit megaphone.fm/adchoices