Genivity Financial Planning Blog
Articles on health, wealth, and much more!
Preparing for Wealth Transfers to Next-Generation Members
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...
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In the News: Decoding Client Biases
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...
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The Science Behind HALO: An Interview with Dr. Emily Chang, PhD
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...
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Telemus Capital Spotlight on Genivity HALO
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...
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How Life Expectancy Impacts Your Financial Plan
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...
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Future Financial Planning: Continuing Care Costs
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...
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