In this episode from “Think Smart with TMFG”, Senior Financial Advisors Rob McClelland and Mike Connon with Assante Capital Management Ltd. provide an insightful discussion on the critical role of rate of return expectations in retirement planning. Backed by an intriguing study from Visual Capitalist, they highlight the gap between clients’ expected returns and those projected by their advisors.
Their conversation takes a global sweep as they dissect rates of return in major markets like the S&P 500, illuminating the disparity in investor vs advisor expectations across different countries.
Rob and Mike shed light on factors such as risk tolerance, time horizons, market conditions, the role of advisors, investment knowledge, and emotional biases.
Lastly, they share advice on bridging this gap, emphasizing the value of realistic expectations, proper data understanding, and the role of seasoned financial advisors. This episode upholds the importance of aligning investor and advisor expectations for a smoother and more successful path to retirement.
