Not Enough People Have Financial Advisers and New Research Shows They Should
Only 52% of pre-retirees and 44% of retirees consult a financial planner or adviser according to a new report, Understanding and Managing the Risks of Retirement, from the Society of Actuaries (SOA), which discusses the findings of their Retirement Risk Survey conducted in 2013. The report highlights a variety of concerns faced by both pre-and post-retirees, including concerns about health care, long-term care, inflation, and running out of money in retirement.
Hopkins, Jamie Patrick, "Not Enough People Have Financial Advisers and New Research Shows They Should" (2014). Faculty Publications. 75.