We asked ChatGPT: Which Retirement Certification is right for you?Here's the answer.It is difficult to definitively say that one retirement certification is 'better' than the other. The two top designations are the Retirement Income Certified Professional (RICP®) and the Retirement Management Advisor (RMA®). In terms of the areas of Focus, Content, Requirements, and Credibility they each have their differences which may make one more suitable for a particular individual or situation.
In retirement, there are at least nine risks that households will face.
Those include systematic risks: including political (public policy and inflation) and business (market, issuer, income) and unsystematic risks: including behavioral (spending) and chance (household shocks, heath care and longevity).
“Experience is simply the name we give our mistakes.” Oscar Wilde
Don’t continue to let behavioral biases impact portfolio construction. By acknowledging that advisors are subject to many of the same behavioral biases as clients new report, Mitigating the Impact of Advisors’ Behavioral Biases, will show advisors how they can improve their portfolio construction and management processes.
Although global growth will slow in the coming year, what is already the longest expansion ever will continue, according to David Kelly, chief global strategist and head of the Global Market Insights Strategy Team for J.P. Morgan Asset Management. Kelly was a principal speaker at Investments & Wealth Institute’s recent Investment Advisor Forum.