In order to deliver an effective and attractive retirement income solution, financial advisors must emphasize Social Security and propose strategies that integrate government benefits with income generated from other investment products, according to a report by Cerull Associates.
Th report, "Cerulli Edge—U.S. Retirement Edition," said that while Social Security is a vital source of income in retirement, investors are too quick to discount it. Only 18% of active 401K) participants anticipate that Social Security will represent their primary source of retirement income, yet Social Security comprises the largest portion of income for retired households with less than $2 million in […]
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