Are Americans and their financial advisors talking about retirement planning enough?

No, according to the Investment Management Consultants Association (IMCA) in a recent report detailing its yearly survey of 1,000+ members. The long-term impact of the Great Recession of 2008 and 2009 devastated the accumulated wealth of near-retirees, giving them very little time to financially recover. Because of this, the report authors say, the financial advisory industry needs to start focusing all conversations with existing and future clients on retirement planning.
For more on this important research topic, please check out our new article coming on Thursday.