7 Reasons Retirement Is Always Uncertain: Jamie Hopkins

Great retirement advice involves helping clients acknowledge, respond to, live with and ultimately thrive in the face of the big planning unknowns. As noted by Jamie Hopkins, the financial planning expert and CEO of Bryn Mawr Capital Management, the challenge of helping clients enter and navigate retirement is an order of magnitude more complex than helping them save and invest for it, and it demands the best that advisors can bring to the table. Getting the retirement recipe right will deepen client relationships in a way that benefits both the client and the advisor, Hopkins said. On the other hand, fumbling the transition from work to retirement can undo a lifetime of good financial decisions and diligent savings. Hopkins offered this perspective during a recent webcast put on by Mutual of Omaha Mortgage, during which he reviewed some of the latest research on retirement income and offered added insights from his own practice and experience. One key principle Hopkins put forward is that retirement by its very nature always involves a significant degree of uncertainty — and that that's OK. See the gallery for a summary of the key insights shared by Hopkins during the presentation.