The retirement surge will impact people's lives and the national economy, a former Clinton administration official said.
The drive for extra income will have more people working into their 80s or even 90s, he said.
A company survey found that couples with an advisor were more honest with each other about finances.
Why don't more advisors recommend using health savings accounts for long-term growth?
An Allspring retirement survey reveals big gaps between what clients think and what advisors know.
Investment and Wealth Institute is seeing growth in some of its newer certification programs.
Few in the advisory industry view the fiduciary proposal as a cure-all.
The goal of retirement plans should be providing income to those no longer working, not accumulating wealth for those who still are.
Laura Carstensen's new book is a must-read for financial advisors.
Starting this year, the SECURE 2.0 Act allows unused 529 plan funds to be rolled over into Roth IRAs without taxes or penalties.
People are afraid the program will run out of funds, but they risk a 50% cut in benefits if they take money out early, says this expert.
It may be best to reserve your client's Roth conversion between the ages of 65 and 70.
Inflation and longer lifespans are changing people's views on how much retirement will cost, Northwestern Mutual says.
CFP Board General Counsel Leo Rydzewski also feels the DOL fiduciary rule can withstand a court challenge.
The BlackRock CEO says young people "have lost trust in older generations."
While some traditional guidelines seem impossible to follow, advisors offer ways to control expenses and build savings.
Advisors need to make sure people afraid the program will run out of money act rationally, benefits expert Mary Beth Franklin said.
Total sales by independent agents and broker-dealers grew 29% last year.
A good year in the markets also means higher required distributions from retirement accounts.
This couple had just days to make decisions that would alter the rest of their lives.