Clients will be better paying off their mortgage before the retirement date to get rid of the feeling of having a debt burden. Carrying no mortgage debt into retirement will also give clients guaranteed return and greater flexibility in their budget. And about that tax deduction, it is not enough of a reason to keep a mortgage. To read the full article in FinancialPlanning, click: Yes, Clients Should Pay Of ...

FINRA will hold off on raising fees for its member firms despite "revenue challenges," according to an unusual glimpse the regulator gave into its projected 2018 budget.  Projected revenue of $822 million for 2018 is relatively flat when compared to 2013, the last year that FINRA raised fees, the regulator says in its newly released budgetary summary.  FINRA derives about half of its total revenue from indu ...

Many Americans have not saved a sufficient amount to retire comfortably.  Financial advisors can help their clients determine not only when to retire, but also if they should consider working at least part time in their early years in retirement.  Here are a few questions to ask to jumpstart the retirement planning process with clients. To read the full article in FinancialPlanning, click: Is Your Client Re ...

How to Make up for Lost Time with Retirement Savings People who are behind schedule on retirement savings can take several steps to make up the difference.  These include making use of catch-up contributions, selecting funds with low investment fees, and postponing required minimum distributions, if possible.  Damian Davila offers some useful tips. To read the full article in Wise Bread, click: 7 Retirement ...

If you use a company's internally developed projections when developing a discounted cash flow estimate of value, what are the real risks? This article offers a practical guide to using a company's budget and plan for utilizing future projections in a discounted cash flow calculation. ...