Longevicide Will Erode Clients and Assets

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I know what you’re thinking: “Longevicide? What is that?”

Longevicide is the name I’ve given to the phenomenon of clients leaving an RIA due to its failure to address clients’ longevity risk. Longevicide is the consequence of avoiding annuities.

There’s going to be a steep price to pay for failing to introduce annuities into the RIA practice.

Since early 2022, I’ve written dozens of articles, produced videos and posted on social media about my concerns for retiree’s whose income is planned by registered investment advisors.

As always, my focus is on the needs of “constrained investors,” those for whom risk mitigation must be the first-order planning priority. A constrained investor is one who retires without enough assets to support the income they need to fund a lifestyle they consider minimally acceptable.