We hope that everyone is well and that your allergies are not acting up too much. A few more weeks and hopefully the "yellow stuff" will be out of here! A couple more good heavy rains should help us out. I think it's almost time to get back out on the lake, and I can't wait!
We've spent a good bit of time the first quarter of this year attending educational events across the country. We do this because of our commitment to keep up with new regulations and the ever changing financial landscape as baby boomers continue to retire. Kelly just got back from Salt Lake City where she attended such an event with about 400 other top retirement advisors and industry professionals. As always, she came back with a lot of updates, ideas, and newer strategies that can and should be used for retirees.
We also got updates on the proposed DOL Fiduciary Rule that I discussed last month. The law was supposed to go into effect on April 10th, but has been delayed by another 60 days for further review and comments. Because of all this, we will be continually researching new ideas on how to best serve our clients, as well as staying out ahead of all the regulatory issues facing our industry.
One of the biggest things that Kelly took away from the conference was that national surveys continue to show the top priorities or concerns for retirees are centered on income planning, market volatility and risk, and how to properly balance those things out within an overall written-out retirement plan. Bottom line: we think that the best thing anyone can do if you have any concerns is to request a free cost & risk analysis, along with an income analysis. We can then put together a Chart Your Course to Retirement Plan to be sure you're on track to having the retirement you desire.
Check our website for upcoming educational workshops, archived radio shows, Lake Norman Magazine articles, free reports and more.
Enjoy this month's articles, and we'll be back at you next month.
And, as always, remember -
The purpose of the money dictates where you put it.
Until Next Month,