Aging populations are a global phenomenon It is estimated that the global population of individuals over age 60 will grow from 12% to 22% by 2050 primarily as a result of increasing lifespans, 1, Every day 10000 American baby boomers reach their full retirement age of 65 and it is estimated that by 2030 all boomers will be age 65 or older, 2, The aging of the population is creating serious conversation around the topic of retirement as individuals try to figure out if and how they would like to transition from their primary careers into a retirement period that may be much longer and different than those experienced by prior generations The decision to retire has become more complex as a result of the elimination of guaranteed pension…, Step 1 Develop your financial self-efficacy, Financial self-efficacy is the belief that you can achieve and succeed financially Although you may have the financial resources to retire a lack of confidence regarding your ability to financially succeed in retirement can lead to anxiety that may limit your fun and enjoyment during this exciting stage of life Research studies show that financial planning plays a key role in developing financial…, Step 2 Develop your retirement identity, We spend our early and middle age years developing skillsets and building our work identities Working Americans spend more time engaged in their careers than any other activity Over time our personal and professional identities become tightly woven together Your community frequently knows you as a physician accountant teacher or employee at a certain company The immediate disconnection of work…, Step 3 Further expand your social network, Work has several non-financial benefits such as socialization At the end of a 25+ year career it is common to have a meaningful part of your social interactions come through work affiliations When you retire your friends and colleagues may not be as accessible due to their own career demands Prior to retirement it may be helpful to develop social relationships that will provide you with…, Conclusion, In conclusion the decision to retire involves a myriad of life style changes challenges and opportunities Comprehensive financial planning the ability to define your “new self” outside of a work environment and the ability to develop new social relationships will all impact your successful transition from your career to your new adventure in retirement Your Mesirow Wealth Advisor can help you…, Published January 2025, 1 https//wwwwhoint/news-room/fact-sheets/detail/ageing-and-health#~text=In%202020%2C%20the%20number%20offrom%2012%25%20to%2022%25 2 https//wwwcensusgov/library/stories/2019/12/by-2030-all-baby-boomers-will-be-age-65-or-olderhtml

There are few topics in currency risk management that are more polarizing than the most basic question should currency risk be hedged Much less controversy exists about the need to hedge emerging market currencies Many analysts and investors believe that hedging emerging market currencies is unnecessary They offer various reasons currency return is zero over the long term the cost of carry is too…

Listing the risks in a bond issue is a relatively straightforward task since every prospectus includes an extensive compilation of disclosures However it is crucial to differentiate between risks that can be reasonably estimated and priced and those that due to their inherent nature are extremely challenging to quantify Certain industries are particularly susceptible to “tail risks” which can…

Marc Sacks is Chairman of Mesirow Private Equity a member of the Private Equity Investment Committee and is involved in all aspects of the private equity investment process  Marc has more than 25 years of experience and has participated in the approval of investment commitments to more than 300 US and European private equity partnerships has served as a member of the investor advisory boards of …

Market Jitters Continue but Private Credit Investors Seek Opportunity The market has taken a step back this past week in light of considerable uncertainty in the banking sector However private credit investors will be quick to point out that they remain insulated from the volatility in the banking world given their funding sources (institutional investors pension funds high-net-worth individuals…

Expo West Highlights Trends as March Momentum Holds Strong Despite ongoing market volatility in March the food & beverage M&A landscape remained resilient Beverages (~25% distribution (~20% packaged food (~33% and restaurants (~15% led the deal mix with mega deals (> $1B accounting for over 10% of monthly activity Continue reading

Marci Masur serves as Head of Corporate Real Estate at Mesirow In this capacity Marci is responsible for strategically evaluating modernizing and maintaining Mesirow’s national and international office locations She oversees lease negotiations renovations growth and ongoing operations for all offices as well as manages the Mesirow facilities team third party contractors and more than 100 vendor…