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NASHVILLE, Tenn. -- Raymond James is launching a new education campaign to arm the firm's advisors with tools and techniques based on research from MIT's AgeLab.
"It's about spreading best practices," says Patrick O'Connor, senior vice president of wealth retirement and portfolio solutions at Raymond James.
The calculus of retirement planning is changing with the baby boomers now in their 50s and 60s and looking at longer average lifespans than any previous generation.
There were about 43 million Americans over age 65 in 2012, according to U.S. Census data. That number is expected to nearly double to 83 million by 2050.
Joseph Coughlin, founder and head...