Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Tuesday, June 10, 2014

Study Shows Retirement Advice Must be Individualized

IndividualA recent study from Vanguard’s Center for Retirement Research compared old-world versus new world approaches to retirement planning. The study found that half of the participants followed an old-world approach, using traditional sources for retirement funds such as Social Security and pensions. The new-world retirement planners were split between risk takers and the risk-averse. The take away from the study is that there is no one-size-fits-all approach that is being followed and financial advice should be geared towards situation specific planning.

See Robert Powell, There’s No One-Size-Fits-All Retirement Solution, Market Watch, June 8, 2014.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

 

http://lawprofessors.typepad.com/trusts_estates_prof/2014/06/study-shows-retirement-advice-must-be-individualized.html

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