The Developing Retirement Crisis and a Recommendation to Include Real Estate Investment in Retirement Plans

Abstract

This abstract was created post-production by the JFI Editorial Board.

This paper can be considered a wake-up call for financial planners who can take action to brighten the retirement picture for their clients and potential clients in a number of ways. First of all, firms in their market areas, especially smaller ones, can be contacted to determine which ones do not offer any type of retirement plan for their employees. Secondly, financial planners should encourage their clients to increase their contributions in 401(k)s, IRAs, and other defined contribution accounts. Finally, the concept of a diversified retirement portfolio should be expanded to include real estate investments.