8 Reasons to Rethink Your Approach to Retirement Planning

Advisors don't seem to be keeping up with the times when it comes to adjusting retirement portfolios to take into consideration today's lower fixed income yields, according to a recent study by DPL Financial Partners. The latest yearly research by the turnkey insurance management platform looks at retirement planning attitudes and practices, awareness of client retirement income concerns and priorities, and strategies to meet client income needs. One issue the study reveals is that advisors are struggling with the long-term low- interest rate environment and still use "legacy" strategies, like ramping up fixed income in a portfolio as clients get closer or are in retirement. In a low interest rate world, other strategies might be more appropriate for some portfolios today, DPL states. This year's results are based on responses collected in May and June from 201 advisors, 90% of whom were RIAs with assets under management of $250 million or less. The gallery above takes a look at the study's findings.