Yahoo Finance 
It's never too late to budget for retirement
(Flickr/45688285@N00)
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisers.
Budgeting for clients who don't have enough to retire (Financial Planning)
According to Boston College's Center for Retirement Research's National Retirement Risk Index, 52% of Americans are at risk of not having enough money to maintain their current living standard during retirement.
"Boomers believe that they are entitled to a certain standard of living, and they will not reduce their standard of living to deal with future needs," Patricia Raskob, president of Raskob Kambourian Financial Advisors, told Financial Planning.
Even if you are at or nearing retirement, it's not too late to start budgeting. Financial Planning says simple strategies include downsizing your home, cutting back on the amount of money gifted to kids, and finding cheaper ways to do the activities you love.
One way to drive home the message is to chart out clients' savings to show them when they are going to run out of money, Raskob says.
Congress avoided a government shutdown (Business Insider)
Congress pieced together a stopgap deal that will keep the government funded through December 11. At some point this fall, Congress will also need to raise the debt ceiling.
When these two ordeals occurred near each other in 2013, the government was shut down for 17 days.
Also of note, there is a Federal Reserve meeting set for December 16.
Office vacancies fell in the third quarter (Reuters)
US office vacancy rates slipped to 16.5% in the third quarter, down from 16.6% in the second quarter, according to data Reuters obtained from research firm Reis.
"Continued gains in the labor market are driving increased demand for office space," Reis' senior economist, Ryan Severino, said.
The data showed the tightest markets are Washington, DC, and New York City, which have vacancy rates of 9% and 9.2%, respectively. The strong demand has caused effective rents to continue climbing, up 0.7% for the quarter, according to Reis' report.
Millennials like ETFs (Charles Schwab)
Charles Schwab's 2015 ETF Investor Study surveyed 1,008 investors between 25 and 75 who had at least $25,000 invested, and discovered millennials have the biggest appetite for exchange-traded funds.
According to the results, 41% of millennial portfolios are comprised of ETFs, compared to just 17% for baby boomers. The study also found that 41% of investors believe commission-free ETFs are "game-changers" and 87% suggested commissions matter.
Former BAML advisers go independent (Think Advisor)
A team of seven advisers has left Bank of America Merrill Lynch to start their own venture, Corient Capital Advisors.
The team, consisting of Chris Copps, Gordon Hassenplug, Darren Henderson, Michael Phelps, Alex Stimpson, Jon Tenney and Greg Walters, brings with them $3.3 billion in assets under management, according to Think Advisor.
Additionally, Merrill gained two advisers of its own from Wells Fargo. Think Advisor reports that the team of Bob Krumholz and Becca Siegel brings $270 million in assets under management and $1.3 million of yearly revenue to Merrill.
NOW WATCH: More trouble for Subway's Jared Fogle...
More From Business Insider
