Quoted: Member Media Roundup - November 2017

XY Planning Network members regularly serve as subject matter experts for major media outlets. (We invite our journalist friends to submit requests using our media portal.) We've compiled this roundup of recent articles featuring some of our superstar advisors. 

Most Americans Live Paycheck to Paycheck: How to Take Control of Your Finances

Yahoo Finance, featuring XYPN Member Morgen Rochard

Americans work hard for their money, but despite their best efforts, many are barely making ends meet.

A new survey from CareerBuilder reveals that 78% of Americans live paycheck to paycheck at least some of the time. This is up from 75% in 2016.

CareerBuilder compiled their data after surveying 3,462 full-time workers and 2,369 full-time employers. Read more...

Money Managers Lure Millennials with Low Minimums, Live Advice

Chicago Tribune, featuring XYPN Member Jeremy Torgerson

The traditional financial advisor rarely takes on new clients with a nest egg smaller than $100,000.

But the financial advisory industry is coming up against two large speed bumps that could spark a paradigm shift: the rise of the robo-advisor and the fact that the second half of the millennial generation is entering the workforce and starting to invest.

How Advisors Raise The Thorny Topic Of Fees

Investor's Business Daily, featuring XYPN Member Ryan McPherson

Advisors are experts at money matters. So you'd think they'd have no trouble setting their fees — and communicating what they charge.

Yet some advisors struggle to educate clients about fees. Despite their best efforts, they may confuse clients with an assortment of charges. 

Misunderstandings can arise if clients do not understand an advisor's fee structure. In rare cases, clients might terminate a relationship over what they deem to be exorbitant costs — or a perceived lack of value. Read more...

When Do You Convert Into a Roth IRA?

US News & World Report, featuring XYPN Member Mike Palazzolo

More people are choosing to spend their retirement years abroad, with over half a million Americans collecting their Social Security benefits in different countries around the world, recent federal data shows.

Many retirees decide to leave the U.S. for reasons like a lower cost of living and the ability to be immersed in a different culture. Read more...

8 Secrets From Experts for Conquering Debt Forever

NBC Nightly News, featuring XYPN Member David Rae

According to a report in the Wall Street Journal, the proposal being considered would reduce the amount a worker could contribute tax-free to just $2,400 a year. Watch the Video...

XY Planning Network's media request program is available to all XYPN advisors as a member benefit. Interested in joining our community of expert advisors? Read more about XYPN's marketing support and watch our introductory video, Disrupting Financial Planning: The XYPN Movement.