Today, 1/3 of the US population is 65 or older. That creates serious challenges for advisors that serve this demographic and makes longevity planning one of the top trends in wealth management. You can no longer just create a retirement income plan for your clients and "call it a day". There are many costs associated with aging that directly impact the viability of financial plans including how and where your clients want to live and how they would access and pay for caregiving resources.
This session will:
· Identify the planning issues where financial advisors can have the greatest impact
· Discuss how to institutionalize longevity planning in your practice
· Detail funding sources
· Help you consider alternative pricing models for these services
Identify the longevity planning issues where financial advisors can have the greatest impact
Learn how to institutionalize longevity planning in your practice