Our daily roundup of retirement news your clients may be thinking about.
Lessons clients can learn from their parents’ retirement Young people can learn valuable insights from their parents' retirement, such as the importance of a strategic plan and the advantage of saving early in their careers, according to this article in Money. Their parents' retirement also can teach them the value of building multiple sources of retirement income, reduce their investment costs, downsize if possible, and automate their retirement plan contributions and increases. Their parents, as a group, delayed any gratification and made early sacrifices, as well as managed their debt wisely to secure their retirement. --Money
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