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Kelly Advisor Podcast

Sep 29, 2023

1. 31 percent of those identifying as part of the Sandwich Generation bear complete financial responsibility for their parents or in-laws.

2. A MassMutual study confirms the emotional and financial stress such dual roles place on families.

3.  Creating a financial plan can alleviate such burdens and still allow for...

Aug 18, 2023

  1. More people are saving for retirement but they are not saving enough.
  2. Late-boomer wealth continues to be impacted by The Great Recession of 2008-2009. 
  3. An increase in Social Security's Full Retirement Age was a de facto cut in Social Security benefits.

Jul 21, 2023

1. Studies are mixed about the effects of retirement on your mental health.

2. Having a plan in place may make the transition smoother. 

3. Addressing factors such as loss of work routine, loss of a robust social network, and loss of one's professional identity may help mitigate emotional stress points. Not to mention...

Jul 7, 2023

  1. The greatest transfer of wealth in American history, approximately $84 trillion, has begun and will peak in the 2030s.
  2. Gen X will begin retiring next decade, just as Social Security and Medicare will likely need substantial reforms.
  3. A significant number of today's financial advisors will be exiting the business in the...

May 12, 2023

  1. The gold watch has been replaced by a green match (employers matching employee retirement contributions).
  2. 401(k)s were never intended to supplant pensions but they largely have done so. The burden of saving for retirement is now on the employee, not the employer. 
  3. A financial advisor can help people through the...