RetireReady Solutions Blog

Since COVID lockdowns began about six months ago, interacting with customers has become more interesting than ever. I have been listening intently, wanting to know what has helped some advisors continue to succeed. What are they doing differently that helps them achieve success, often beyond what they achieved prior to COVID?

“We’re thinking we’ll create our own software,” a prospective client told me recently. I sighed, partly because I might lose a sale, but more so because I am well aware of the difficulties of developing your own software.

The IRS released the 2020 contribution limits on November 6. Thank you for your efforts and time spent bettering the retirement outcomes of your clients! As you begin planning for the new year we wish you the best in the various markets you serve.

You’ve researched the bucket strategy, you see the potential it has for your clients and your business, and now you need the means to use it. The first two parts of this series explored the strategy and how to introduce it to clients. This final segment provides TRAK users with a step-by-step guide for implementing the strategy.

In this first installment of our bucket strategy series, we explore what the bucket strategy is and why it is worth your time as an advisor. Understanding the fundamentals of the bucket strategy and the value it provides to clients will lead into two more segments: “Who Wants the Bucket Strategy and How to Win Their Business” (Part 2) and...

“Teachers are expected to reach unattainable goals with inadequate tools. The miracle is that at times they accomplish this impossible task.” – Haim Ginott

Many of us read this quote and fondly recall a teacher who made a significant impact in our formative years. Teachers face many challenges in the classroom, carefully balancing the...

Given the countless variables involved in assessing risks, needs, and strategies for retirement readiness, turning to averages provides a false sense of security and control. However, No One is Average, a report from J.P. Morgan, warns that “averages can be distorting because, in fact, no one is average.”

Assisting clients or plan participants in their pursuit of retirement readiness requires effective, engaging tools that empower your interactions. Visual aids are particularly effective, but they must strike the proper balance between adequate data and simplicity.  Keeping illustrations easy to understand engages the individual and expedites...

Advisors to high net worth families work hard to help their clients minimize their taxes and ensure that the fruits of their hard work, their assets, can be passed on to younger generations. One strategy for transferring wealth to younger generations and reducing tax liability is to use a “stretch IRA” strategy. This strategy involves naming...

Clients who choose to delay their retirement may find that their decision affects more than just their retirement budget.  New research published in the Journal of Epidemiology and Community Health found that delaying retirement can actually increase life expectancy.

Retire Ready Solutions strives to create the ultimate retirement planning tools that allow financial advisors to win new clients and support exiting clients. That's our reason for being, our premise of existence. We do not build software for lay-people or DIY consumers, we build best in class software tools specifically for financial advisors....