Our new blog post discusses the need for advisors to assist clients who are or may become caregivers.
Will Americans have protected monthly income that lasts their lifetimes? It depends on your advice, it depends on the solutions we create, and it depends on whether or not consumers can understand financial planning well enough to trust us with their retirement goals.
Talk to your clients about their financial wellness and retirement planning. Differentiate yourself by educating clients about their income replacement goals and how important it is to have a formal plan. Discuss how you can help them to achieve their plans for retirement.
76% of future retirees are concerned about health care costs, but most of them aren’t even planning to talk to their financial advisor about health care. So set yourself apart — and reduce your clients’ stress — by bringing it up yourself.
With these strategies, you may be able to lessen the anxiety your clients feel about making their money last.
In the last year, most small businesses saw tremendous growth, thanks in part to an increased acceptance of the gig economy model — using freelancers and contract employees — and the recent tax reform bill. These small business owners now have more taxable income — and can benefit from advice on how to lower it.
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