Retirement Advisor: Retirement Nightmares (Podcast)

Aug. 02, 2019 5:00 AM ET5 Comments
SA For FAs profile picture
SA For FAs
6.06K Followers

Summary

  • In a Morningstar podcast interview, Jonathan Clements of the HumbleDollar website, and formerly of the Wall Street Journal, expressed a dystopic view of what has become of American retirement.
  • He maintains the majority of Americans are not financially in good shape for retirement; and even those who are, like his late father, didn’t have a good retirement experience.
  • This situation cries out for amelioration by America’s financial advisors.

Listen on the go! Subscribe to the SA for FAs podcast by clicking on Apple Podcasts, Google Play, Spotify or Stitcher.

In a Morningstar podcast interview, Jonathan Clements of the HumbleDollar website, and formerly of the Wall Street Journal, expressed a dystopic view of what has become of American retirement. He maintains that 60 percent of Americans are not financially in good shape for retirement; and even among the 40 percent who are, some, like his late father, don’t have good retirement experiences.

This podcast (6:30) argues this situation cries out for amelioration by America’s financial advisors, through actions to increase solvency of the 60 percent and via pilot retirements for the 40 percent in good financial shape.

This article was written by

SA For FAs profile picture
6.06K Followers
GIL WEINREICH - Author of "The Mentor," a unique parable for financial advisors and those who aspire to become one. I have worked in the FA arena since 1997, and during that time, the New York State Society of CPAs twice awarded its prestigious Excellence in Financial Journalism award to me for a monthly column I wrote on business ethics. Previously, I reported on international news for Voice of America (where I was awarded a newsroom writing award) and prior to that worked as an editorial assistant at U.S. News and World Report. I live with my wife and children amidst the verdant and vibrant hills and dales of Jerusalem.

Recommended For You

Comments (5)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.