BCG Blog

Not all retirees want a life of travel, golf and early dinners. Some retirees continue to work just as passionately in retirement as they did before they left their paying occupations. That passion has its benefits, but also its detractions.

Clients choose advisors based on factors other than costs. Advisors who meet their client’s needs consistently have clients who are less likely to jump ship. Word of mouth may be the best form of advertising, but in the age of the Internet, can you control it?

Many millennials are making mistakes in home buying, yet are reporting higher levels of satisfaction with advisors. How can Advisors understand their blind spots, especially as millennials begin to move into decision-making roles at companies and organizations?

While the cult of busy has taken over workplaces as a way to show your importance or social capital, when it comes to retirement, “too busy” may mean more than trying to look important. It might hide worries in financial planning

The side hustle could be a go to for saving for retirement for workers with stagnant wages. But before employee’s jump on the side hustle train, there are a few drawbacks to that ride that should be considered.

How can financial advisors improve their skills to help make clients more comfortable in discussing financial performance? Many business coaches are encouraging advisors to focus on emotional intelligence.

If clients think that their taxes are increasing due to new changes in the tax laws, they may fear that they have less to contribute to retirement. So what changes impact the amounts available for retirement savings?

Employees may be wanting to access some of their retirement funds, rather than take loans, but may be confused by differing rules between Self Directed IRAs and 401(k)s.

The top reasons most folks give for failing to contribute to retirement savings are lack of time (to manage, analyze, or set up retirement plans) or inability to find a spare amount to set aside for savings. As the slogan goes, there’s an app for that.

The best behavior change for saving money may be to focus on what to stop doing, instead of what to start doing.

The discussion sparked by WeWork’s vegetarianism decree about how workplaces encourage wellness and better behavior highlights something important for how employers and plan sponsors may want to think about their own activities in encouraging saving for retirement.

Recently, the SEC’s Chairman said that he thinks the agency’s rules need “sprucing up” and he is looking at other rules, including the private placement rules, to see what could be changed. What else might be on the table for a makeover?

Mergers may be sleeping giants for those involved, but how they impact benefit plans and how the surviving company will use them may feel like a decision with a deadline. This pressure may also be present for clients facing reorganization in bankruptcy. What can a financial advisor do to be ahead of the pressure points in reorganizations?

Financial theory holds that people, as investors, will be rational thinkers, moving towards wealth maximization. Yet, often, investors, as people, make irrational choices. Behavioral finance explains why investors make bad choices and how to encourage better choices.

However much meetings might be dreaded by clients, a meeting or education session in person may still be the best way to convey complex information about changes needed to a retirement benefits plan. How can financial advisor keep from stupefying their clients?

New delivery options can provide employees with more information about the funds they are investing in through your 401(k) retirement plan. But before you turn on the fire hose of information, a quick review of what information helps engage employees in investing can help you increase your employees’ participation in your plan.

With a few years into the robo advising world, how is it working? What do sponsors need to know about how robo advising can help their employees and what do sponsors need to know about robo advisors and educating their employees.

Studies have shown that retirees report greater senses of happiness in retirement when they volunteer. Additionally, employees also report higher amounts of job satisfaction when they can participate in work place charity events –can an employer partner with groups and encourage a volunteer pipeline for retirees?

With fixed costs like housing increasing each year, how can Plan Sponsors help employees understand inflation and cost of living increases in planning for retirement?

Understanding the impact on soon-to-retire employees and the return of their adult children on availability of funds can be essential in today’s economy

With a strong trend of retirees finding warmer (and cheaper) climates to spend their limited funds increasing, what do plan administrators need to know to ensure they can communicate properly with retired expat employees?

In 2016, Time Magazine reported that 1 in 3 Americans did not have any retirement accounts. How can employers work with this statistic to encourage more employees to save for retirement?

Aside from the physical abuse, much of elder abuse also involves control or diminution of resources. According to the AARP, 90% of those engaging in financial elder abuse are family members or are well known to the elder such as neighbors, friends or caregivers.

Are minor details or tech glitches preventing your employees from enrolling in your plan? How can Plan Sponsors learn if administrative details are affecting enrollment numbers?

Women often end up with financial burdens of caring for both children and aging parents: the so-called sandwich generation. Having a financial advisor who understands the juggling act required to carry that burden may mean more than just understanding how much (or how little) money to set aside for retirement.