The New Watering Hole LLC

Walker, Lewis J.
June 2009
Journal of Financial Planning;Jun2009, Vol. 22 Issue 6, p28
Academic Journal
The article offers information on the perspectives shared by Lewis J. Walker, president of Walker Capital Management Corp. and Life Transitions Advisors, regarding the misalignment between industry compensation and the needs of mature consumers, known as transitionals or baby boomer generation, in the U.S. The author mentions that these people experienced problems related to voluntary and involuntary life transitions in their career, retirement, stewardship goals, family care, and health care. Transitionals believed that the key to address their problems is the compensation they received from a commission, but it does not work well in the sector dominated by asset preservation concerns, as well as the distribution of assets to fund retirement cash flow needs.


Related Articles

  • Virtual Money Won't Fund Secure Retirement.  // National Underwriter / Property & Casualty Risk & Benefits Manag;05/03/99, Vol. 103 Issue 18, p28 

    Urges United States President Bill Clinton to respond to the problems faced by the baby boom generation. Issue on USA Accounts, an entitlement program aimed at retirement security; Why Clinton's proposal on USA Accounts should be rejected; Failure of the administration to propose any effective...

  • Ideas For Talking With Boomers About Their Assets. Randall, Dan // National Underwriter / Life & Health Financial Services;5/19/2008, Vol. 112 Issue 19, p20 

    The article discusses the asset protection, asset analytics and asset transfer for baby boomer clients. The baby boomers may develop chronic illness and may also face high cost of medical treatment which the advisors suggest, purchase of combination life insurance with long term care rider for...

  • Benefits Beat Pay for Attracting Workers but Reasons Differ for Boomers, GenXers.  // Benefits Quarterly;1999 Third Quarter, Vol. 15 Issue 3, p70 

    Presents summaries of articles on employee benefits. `Benefits Beat Pay for Attracting Workers But Reasons Differ for Boomers, GenXers,' by Susanna Duff, from the March 1999 issue of `Employee Benefit News'; `BI Directory of Employee Benefit Information Systems,' from the March 1, 1999 issue of...

  • Do-it-their-way boomers to challenge retirement industry. Curryer, Alan // Journal of Business (10756124);10/12/2006, Vol. 21 Issue 21, pB7 

    This article discusses various issues related to implications of the retirement of persons from the baby boom generation for industries that deal with retired persons. These baby boomers present a new set of challenges that asks for a more flexible approach to the marketplace. This generation...

  • Another day older and deeper in debt. Wojcik, Joanne // Business Insurance;2/26/2007, Vol. 41 Issue 9, p34 

    This article expresses concern over the increasing number of retirees in the U.S. whose access to employer-sponsored benefits is becoming scarce, forcing retirees to pay more of the health care bill. This problem of retirees will only get worse because employers have capped their annual...

  • Golden years. Moon, Susanna // Modern Healthcare;8/16/2004, Vol. 34 Issue 33, p10 

    Looks at the retirement plans and benefits being offered by U.S. healthcare organizations to their employees. Types of retirement contributions being offered by U.S. healthcare organizations in the country; Move of the Trinity Health hospital in Novi, Michigan to redesign its retirement plan in...

  • Contra Costa County Plans to Address $2.6B Benefits Gap. Cohen, Jackie // Bond Buyer;7/3/2007, Vol. 361 Issue 32663, p4 

    The article reports on the approval of the Contra Costa County Board of Supervisors to a plan that addresses the $2.6 billion unfunded liability for retiree health care benefits in California. The supervisors have also approved the allocation of $588 million of future general fund revenues...

  • Taxes, Regulation and Employee Benefits. Weizmann, Howard C. // Benefits Quarterly;1991 Second Quarter, Vol. 7 Issue 2, p66 

    The article focuses on the impact of taxes and regulation on employee benefits. Specifically, it looks at the equity issues associated with the federal expenditures on retirement and health care. The author argues that employers can effectively guard against what he calls government by...

  • welcome. Wilson, Michael // Plans & Trusts;Mar/Apr2012, Vol. 30 Issue 2, p3 

    An introduction is presented in which the author discusses various reports within the issue on topics including the National Employee Benefits Day on April 2, 2012, value-based health care, and retirement preparedness.


Read the Article


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

Try another library?
Sign out of this library

Other Topics