Today’s retirees are living longer, are often more active, and are expecting more out of their senior years than previous generations did. That’s part of why so many retirees are embarking on encore careers or starting their own businesses.
There’s a time during our lives when life insurance can give us incredible peace of mind. When our children are young, or when they’re heading off to college, it’s a relief to know that if something happened to us, their world wouldn’t end.
The family would still have money to live on. Tuition would still be paid. The mortgage would be covered. Continue reading →
If you haven’t facilitated many life settlement transactions, you may be wondering whether a life settlement is the right choice for your client.
Selling a life insurance policy isn’t something to be taken lightly, after all, and you want to be sure you’re suggesting a smart option.
However, when a senior, and possibly his or her family, are struggling under the immense burden of medical care or long-term care costs, a life settlement can be exactly what they need to alleviate that stress. Continue reading →
As a financial advisor, you’re used to protecting your clients’ best financial interests. Evaluating investment options, advising on savings goals, ensuring their assets are safeguarded – these things are all part and parcel of being an advisor.
But senior clients have a unique set of financial vulnerabilities, many of which require a good deal of tact and sensitivity to address. Here are 5 effective ways that you can protect against these vulnerabilities, and provide your senior clients with the best value possible. Continue reading →