Polyak, Ilana

Clients are living longer : How will your practice adapt?

The article discusses the important things that financial planners should know to effectively lead their clients toward the journey of retirement. It outlines the challenges encountered by the retirees including the high medical care costs, fraying safety net of the Social Security and fewer pensions. Also highlighted are the importance of planning early about the retirement and approaching the retirement stage with longevity planning that will focus more on the human aspects of the retirees.