Index

Editorial
Openers
Columns
Features
Departments

One on One

Interviews of the Week
Archived Interviews
On Air with Richard Koreto

Publications

Services

Store

This Week

September 20, 2005

Learning How to Retire

Are Boomers taking retirement seriously? Greg Olsen, CFP, CLTC, has his doubts. A partner at Lenox Advisors (www.lenoxadvisors.com), working extensively with high-net-worth individuals, Olsen finds a lot of misconceptions that advisors have to clear up. Boomers seem to have only vague ideas about issues ranging from how much money they'll need, to what they'll have to do about healthcare coverage. So we spoke with Olsen about some of the drawbacks to early retirement, some great options in the long-term-care insurance market, and what happens if clients live too long, or not long enough.

Read more

In The December Issue

Theres No Place Like Home

Boomers homes can be many things - but emotionally, theyre still castles.

December 1, 2005
BY JANET ASCHKENASY

What is the single investment that means the most to your Boomer clientele? For many 40- and 50-somethings, there’s simply no place like home. Asset classes come and go, but there’s something special about the place you hang your hat. At different points in one’s life, a home may serve as a sanctuary, a children’s nursery, and a place of business. Because no investment has quite the same emotional tug—and because emotional decisions aren’t always the smartest ones—a planner’s perspective can be critical when it comes to navigating mortgages, insurance decisions, and related tax issues.

See full story

What's on the Advisors Minds?

December 1, 2005

The Rydex Advisor Confidence Index plummeted in September, after rising for four months, to 112.78, from 123.97. Many advisors who participated in the survey cited Hurricane Katrina and increased energy costs for their gloom. One thought generosity was the problem: He wondered if Americans were so generous in making donations for hurricane relief that they’d find it necessary to cut back in spending elsewhere.

The Secret Lives of Clients...

December 1, 2005

What are Boomers really thinking, and how does it differ from what their parents think? That’s what Allianz Life tried to find out in a study conducted by Harris Interactive. Some of the results were startling: For example, 22% of the “elders” believe they owe their children an inheritance, but only 3% of Boomers agree. And nearly 40% of the elders say it is very important to pass financial assets or real estate to their children, but only 10% of Boomers feel the same. (Let’s see if Boomers change their mind in 25 years.)