Insights
We’re proud to share that senior wealth advisor, Darnel Bentz, recently contributed an article to InvestmentNews, one of the financial industry’s most trusted publications. In his piece, Darnel explores how longer lifespans are transforming the very idea of retirement—and why investors need to think differently about preparing for this new era.
The New Retirement Reality
Today’s retirees are living longer than ever—often 30–40 years after leaving the workforce—which requires a fundamentally different approach to wealth management strategies and retirement planning. In his contributed article, Darnel highlights key shifts investors need to consider:
- Longevity Risk: With life expectancies rising, your portfolio needs to support decades of income. Wealth management strategies must account for the possibility of living into your 90s or beyond, ensuring that savings and investments last as long as your retirement does.
- Inflation Pressure: Over multiple decades, even modest inflation can significantly erode purchasing power. Incorporating protections against inflation and retirement risk through growth-oriented investments, inflation-protected securities, and diversified portfolios is essential to safeguard your financial future.
- Flexibility in Retirement Planning: Modern retirement paths are rarely linear. Many retirees engage in phased retirement, consulting work, or part-time employment, and unexpected health or family events can impact income needs. Effective retirement planning incorporates contingency strategies and adaptable financial frameworks to navigate these uncertainties.
- Evolving Asset Allocation: Long-term financial security often requires a diversified mix of stocks, bonds, income-generating investments, and alternative assets. A thoughtful allocation balances growth potential with income generation and inflation protection, helping investors sustain wealth, meet retirement income needs, and achieve legacy objectives.
Why This Matters for Our Clients
Longer lifespans and evolving financial challenges are changing the retirement landscape. Our clients benefit from retirement planning that considers decades of income needs, the impact of inflation over time, and the flexibility to adapt to life’s unexpected twists. Darnel’s insights align closely with how we approach retirement planning: creating strategies that provide confidence, resilience, and clarity for every stage of life.
Are you curious whether your retirement strategy is designed to last for decades? Our team can help you create a plan that adapts to longevity, market changes, and life’s surprises. Schedule a consultation with us today.
You can read Darnel’s full contributed article here:
Why living longer means investing differently for the new retirement era — InvestmentNews
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. The information provided here should not be considered to be insurance, legal, or tax advice and all investors should consult their insurance, legal, and tax professionals about the specifics of their own insurance, estate, and tax situations to determine any proper course of action for them. KAR does not provide insurance, legal, or tax advice, and information presented here may not be true or applicable for all investor situations. Investments commonly known as “alternative investments” are not suitable for all investors, and “alternative investments” often have minimum eligibility requirements that must be met. Whether an investment in an “alternative investment” is suitable or appropriate for a particular investor will depend on several factors, including the investor’s risk tolerance, investment time horizon, and liquidity needs. Please consult with your advisor to better understand the risks of “alternative investments” before making such investments. Past performance is no guarantee of future results.
