Dr. Sunil Patel

A new publication said retirement planning had been moving from saving to spending as longer lifespans, market uncertainty, and rising complexity reshaped decisions.
Its core finding: retirement success increasingly depended on turning wealth into reliable income, not just building assets for long-term growth.
The publication said unclear income often led people to spend less, delay decisions, or disengage, even when they held significant assets.
It emphasized predictable income for essential expenses could build confidence before retirement, helping people stay invested, act more deliberately, and adapt as circumstances changed.
Three perspectives framed the guidance: rethinking income, a client-advisor story, and a planning framework balancing essential income, flexibility, tax efficiency, and evolving priorities.
Overall, the publication pointed toward retirement readiness defined by income reliability, coordinated planning, and long-term flexibility as retirement grew more com

Retirement Planning Shifts Toward Spending

A Fed official warned prolonged Iran conflict could delay rate cuts by keeping inflation elevated, complicating the central bank's return to its 2% target.
Earlier, the official had expected tariff-driven inflation to fade and allow multiple 2026 cuts. Higher oil and gasoline prices made that outlook less certain.
The Fed faced a tougher balancing act if the supply shock persisted, weighing which side worsened more and how long each misalignment lasted.
At its Late-Q1 meeting, the Fed held its benchmark rate steady near mid-3%, while most policymakers still projected at least one cut this year.
The official said if inflation failed to resume falling and stayed elevated, expected 2026 cuts could be pushed beyond 2026.
He also said outcomes remained open: rates could rise, or oil shocks could prove temporary, letting inflation ease and rate cuts return to consideration.
For now, the central bank appeared set to wait, with oil prices and inflation expectations likely remaining centr