Reflections on a Professional's Self-Check List

November 2006
Journal of Financial Planning;Nov2006, Vol. 19 Issue 11, p36
Academic Journal
The article presents six attitudes that professional financial planners must make sure to avoid. Financial planners who wish to truly serve their clients must ensure they don't assume retirement is only about money, realize when they are biased and affected by ageism, fully engage both parties in a couple about their separate plans for retirement as well as their shared goals, check for true understanding of options and choices related to retirement planning, recognize the holistic components of retirement, and avoid projecting their personal view of retirement on to clients.


Related Articles

  • The Proof Is Not in the Pudding. Stein, Michael K. // Journal of Financial Planning;Sep2000, Vol. 13 Issue 9, p40 

    This article discusses several issues related to the retirement planning in the financial planning practice. Many clients are interested in the twin issues of retirement and retirement planning. If retirement planning is a big part of the average financial planning practice, and if the average...

  • Under My Rule of Thumb. Moisand, Dan // Financial Planning;Dec2009, Vol. 39 Issue 12, p87 

    The author comments on the withdrawal rate of assets in the retirement portfolio in the U.S. Several financial analysts concluded that 4% or less than 6% withdrawal rate of assets in the first year of retirement would be safe for clients to prevent losing their money. The author discusses the...

  • Income Choices. Tomlinson, Joseph A. // Financial Planning;May2011, Vol. 41 Issue 5, p115 

    The article provides guidelines to financial planners on how to help clients choose the right retirement income products. An overview of some retirement income products is given, including longevity insurance, immediate annuities and variable annuities. It cites an example to compare the...

  • How to Assess Providers of Lifetime Income. Cornfield, Jill // Plan Advisor News;2015, p1 

    Plan sponsors and advisers should consider the steps that go into a prudent process for selecting a provider if they want to include a lifetime income solution in their plans.

  • Don't Overlook Wholesaler Support. Cornfield, Jill // Plan Advisor News;2015, p1 

    Advisers who encounter some thorny practice problems can turn to a wholesaler, findings of a LIMRA survey suggest.

  • Real-Life Learning-Lookin' Right Atcha! Guyton, Jonathan // Journal of Financial Planning;Jun2012, Vol. 25 Issue 6, p36 

    The author reflects on retirement planning and what clients can teach investment planners in becoming better planners and advisers. He comments on resigning from his job at the First National Bank of Maryland in 1986 and his emotions he experienced in submitting his resignation. He mentions his...

  • Age 50, and Far Too Little Saved. Willis, Clint // Money;Jul2006, Vol. 35 Issue 7, p35 

    The article offers advice about retirement planning. The Employee Benefits Research Institute reports that more than half of workers 45 to 54 years old have saved less than $50,000 for retirement. The author presents several pieces of advice for money management, such as keeping investing...

  • Show Clients The Value Of FIAs. Ladley, Jack; Weiss, Joseph // National Underwriter / Life & Health Financial Services;2/28/2005, Vol. 109 Issue 8, p39 

    Advises financial advisors in the United States on showing clients the value of fixed immediate annuities (FIA). Success rate of retiree meeting basic needs; Incorporation of annuities into a retirement income plan; Factor of longevity in planning; Treatment of FIA as an investment; Protection...

  • The 2008 Retirement Roundtable.  // On Wall Street;Oct2008, Vol. 18 Issue 10, p34 

    The article discusses the highlights of a roundtable discussion on retirement issues organized by "On Wall Street" magazine, attended by executives and managing directors of various companies in the industry of retirement advisory services. The decumulation of retirement assets and lack of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics