TITLE

Managing Retirement Income for the Mid-Market

AUTHOR(S)
Seibert, Kevin S.; Meredith, Betty
PUB. DATE
August 2010
SOURCE
Journal of Financial Planning;Aug2010, Vol. 23 Issue 8, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the retirement income management for middle mass and middle affluent clients. The six-step financial planning process for managing retirement income is discussed which includes estimating the duration of retirement assets, identifying and managing retirement risks, identifying distribution, tax and estate issues and opportunities, identifying options for addressing gaps, converting resources into income, and maintaining and updating the plan. It is concluded that retirement income management procedure for the mid-market requires going beyond systematic withdrawal plans and managing assets.
ACCESSION #
52871830

 

Related Articles

  • Population ageing and pension finance: How best to secure pension claims? Kun �, Jan B. // Journal of Pensions Management (1462222X);Apr2002, Vol. 6 Issue 3, p260 

    Deals with the characteristics of two pension finance systems, pay-as-you-go and capital reserve or funding scheme. Basics of pension finance; Advantages and disadvantages of pay-as-you-go and funding schemes; Advantages of the use of funding pension schemes for the elderly; Assumptions on the...

  • Don't start with numbers when planning retirement. Maehl, Michael // Journal of Business (10756124);4/23/2015, Vol. 30 Issue 9, p34 

    The article discusses importance of retirement planning and suggestions fo retirement investment. It highlights the dependence of retirement income on income level, suggests to do retirement planning, and mentions that taking money from retirement plan before age of 59 years is taxed with...

  • Improving Retirement Plan Success. White, Laura // Benefits Magazine;Apr2012, Vol. 49 Issue 4, p32 

    The article discusses the retirement plan trends in corporations with 1,000 or more employees documented in Diversified's "Report on Retirement Plans - 2011." It indicates a decreasing prevalence of defined benefit plans including a decline in the percentage of plan sponsors offering an active...

  • Learn to love it. FREEMAN, PETER // Money (Australia Edition);Apr2014, Issue 166, p76 

    The article discusses the superannuation savings in Australia's retirement income system. Topics discussed include the challenge of enticing young people to take an active interest in managing their superannuation, some flaws of superannuation accounts including non-withdrawal of money until the...

  • More States Turning to Hybrid Retirement Plans. Coen, Andrew // Investment Management Mandate Pipeline;9/25/2013, p5 

    The article reports on the increase of the number of U.S. states to hybrid retirement plans in 2013. The Michigan Public Schools have launched a plan that mandates workers to contribute to their pension fund on a graduated scale. According to the author, the trend aims to address the problems of...

  • Elevate gives advisers more control over drawdown. Scott, Tracey // Money Marketing;3/26/2009, p26 

    The article reports on the introduction of an online income-drawdown facility by Axa Elevate platform in Great Britain. The author states that the platform aims to provide advisers more control over management of client pensions. Moreover, the platform enable advisers to change the regular...

  • $100,000,000,000 SUPER scramble. Laurence, Michael // BRW;7/29/2004, Vol. 26 Issue 29, p36 

    Reports on the introduction of superannuation fund choice in Australia. Concern over how fund members will invest their retirement savings; Suggestion that commission-driven financial planners will recommend only superannuation funds that pay the highest commissions and will ignore industry...

  • Hong Kong Mandatory Provident Fund - Challenges & Solutions. Bacci, Arthur // Asia Insurance Review;Sep2013, p60 

    The article examines the costs of the administration of Mandatory Provident Fund pension system in Hong Kong, China. It highlights the causes for the projected retirement underfunding, which includes lack of employee savings, low levels of employee financial literacy, and longevity risk of...

  • Planning now an integral offering.  // Super Review;Feb2006, Vol. 20 Issue 1, p19 

    The article focuses on the need for financial planning to become an integral part of the superannuation industry in Australia. A recent survey indicated 80.5 percent of the respondents who are in favor of making the idea that financial planning should play a role in pension industry. The...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics