Wealth managers are now actively recruiting AI talent — interesting shift in where the industry sees its edge moving.
Meanwhile, 3% real yields on TIPS are reshaping portfolio construction. That's a legitimate risk-free return above inflation. Changes the math on everything from equity allocations to withdrawal rates.
Also worth noting: retirees consistently spend less than they could. Not a planning failure — it's behavioral. People don't flip a switch at 65 and start spending down. They remain cautious, even conservative. Something to factor in when modeling retirement income needs.
Meanwhile, 3% real yields on TIPS are reshaping portfolio construction. That's a legitimate risk-free return above inflation. Changes the math on everything from equity allocations to withdrawal rates.
Also worth noting: retirees consistently spend less than they could. Not a planning failure — it's behavioral. People don't flip a switch at 65 and start spending down. They remain cautious, even conservative. Something to factor in when modeling retirement income needs.