Genivity Financial Planning BlogArticles on health, wealth, and much more!
In the next three to four decades, approximately $30 trillion is expected to transfer from the Baby Boomer generation to their heirs in the United States. However, only 70 percent of wealth transfers are expected to be successful. A successful wealth transfer is when...read more
Behavioral finance is an emerging topic in the financial planning sector that has many in the industry wondering how they can best approach the topic with their own clients. As a recent Financial Planning article points out, "At the leading edge [of...read more
Genivity’s HALO is an important risk model for financial advisors and their clients. Our HALO risk model offers personalized reporting on health and wealth factors that can affect retirement planning. These factors are used to predict one’s time spent in...read more
One of our Genivity HALO clients, Telemus Capital, was featured on ABC News Detroit for how it uses HALO to determine a client's longevity. The story discusses how the financial advisors at Telemus utilize the HALO solution to help clients better prepare...read more
Most individuals look forward to retirement. No more worries regarding your job or education - just relaxation. However, life expectancy can change this time of relaxation. With higher life expectancies, you can also expect a longer retirement, which is not something...read more
Did you know that Americans are five times more concerned with burdening their family with retirement than they are with death? According to a Genworth study, this is a true worry for individuals. Considering the cost of care can range from $1 million to $300,000 in a...read more