Generation X

A successful financial plan is contingent on the success of the whole family, according to an expert.

“Building and adhering to a budget that accounts for these types of expenses will create long-term security in retirement,” a CFP says.

Pre-retirees expect their annual health-related expenses to top $7,000 once retired, however the actual cost can be much more.

Nearly three in four defer medical treatment, get suboptimal care to avoid deductibles or skip appointments to sidestep a bill.

As the fee-based financial planning network adds more members and rolls out new services, some members raised questions about its ongoing business strategy.

The network connects advisors with clients whose financial needs have been overlooked, says the firm's CEO.

Younger investors tend to have limited assets, but that doesn’t mean their advice needs are simple.

It’s not hard to envision Gen X advisors finally achieving things that many of us hoped would happen a decade or more ago.

Career-switchers may think becoming a financial planner is an easy transition, but done improperly can pose dangers to themselves and clients.

About 19% of adults support elderly family members in some way.

Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.

People in this cohort experienced a major setback during the housing bust just as they were likely to be getting married, starting families and becoming first-time homeowners, says one expert.

In a perfect world, a negotiated peace will make winners of all parties, including clients.

"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.

"This multigenerational shift in wealth will reshape the wealth management landscape over the next quarter century," an expert says.

While firms cater to millennial clients, or solve retirement issues for baby boomers, a large swath of the population is overlooked.

The organizers of the XY Planning Network want their RIA event to be a family affair unlike any other in the industry.

Congress is considering seven bills, which if passed, would help Americans improve their retirement prospects.

Dividend income is taxed lower than interest yields. And for the federal taxes that apply, clients can take steps to minimize those as well.

Looking ahead to the day that many young investors will fire their parents’ advisors, how does an advisor scoop up those unattached clients?