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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

Startling Statistics about Higher Ed Faculty

I am an independent financial advisor that specializes in working with higher education faculty and staff.  There are a number of reasons why I have chosen such a niche; one of the main reasons is that I believe that higher ed faculty is being underserved.  Many of the institutions that professors, administrators, and staff work for have robust benefits packages that include generous 403(b) plans.  These plans often include matching options, or better yet, an annual percentage of contribution on your behalf regardless of any employee contribution.  Contributions to the plan are often plentiful, but the service and portfolio construction within these plans is often lackluster.  Oftentimes, the 403(b) “advisors” for these plans are not even allowed to give specific investment advice because of conflicts-of-interest.  As a planning-first advisor, I specialize in helping my clients remove the guesswork from their financial equation.  This includes crafting a sound 403(b) investment plan, one that works efficiently within your overall portfolio and is aligned with your goals.

Startling Statistics from a Fidelity Study on Higher Education Faculty:

Faculty Under 55

  • Only 53% are confident they will have enough money to live comfortably in retirement.
  • Only 17%(!) have a formal investment plan in place.
  • 40% are unsure of their asset allocation.
  • 61% say they “often worry about their financial situation.”
  • Only 54% feel confident they are doing a good job financially preparing for retirement.
  • 55% say they need financial guidance on choosing specific investments.
  • 88% report needing some form of financial guidance.

 

 

9 Ways Your 403b Provider is Dropping the Ball

9 Ways That 403(b) Providers are Dropping the Ball

403(b) providers should be doing much more when it comes to helping you with your personal finances. Check out my whitepaper of the 9 Ways that 403(b) Providers are Dropping the Ball. You’ll also get access to my Lifestage Planning Guide for Higher Ed Employees and more.

Faculty Over 55

  • Only 17% have a retirement income plan created.
  • While better than their younger counterparts, still only 32% have a formal investment plan
  • Despite nearing retirement, 75% report needing some form of financial guidance.
  • Only 47% are working with a financial advisor.

It’s easy to see now why I say that higher ed faculty is underserved.  Statistics show that guidance is wanted, and now it is readily available.  Many 403(b) plans are now offering a great feature for higher ed faculty to have more flexibility when choosing investments while also getting personalized advice from a financial advisor.  Most don’t even know that this is an option!  As an independent advisor, I am able to use this feature to help my clients craft a sound investment plan.  

I can help you to:

 

Nick Vail is a co-founder and independent financial advisor with Integrity Wealth Advisors in Indianapolis. He started Remove The Guesswork to empower people to stop guessing when it comes to their finances and to start PLANNING. You can learn more about him here. Are you interested in working with Nick?

By | 2017-05-15T15:26:18+00:00 February 25th, 2016|Categories: Higher Education|Tags: , , , |4 Comments

4 Comments

  1. Steven A. Branson, Esq. February 25, 2016 at 11:07 pm - Reply

    I would like permission to read like your post with all the statistics about the need for planning. Let me know if that would be acceptable please

    Thanks

    Sent from my iPhone 6S (617) 872-7007 (please excuse typos)

    >

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9 Ways Your 403b Provider is Dropping the Ball
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