If you aren’t on the podcast bandwagon yet, you are getting left behind. With financial podcasts, you can wash dishes or tend to a garden while learning how to do a better job of planning for the future - as well as the here and now. There are a whole lot of podcasts out there, […]
Life settlements can be powerful tools in the right circumstances. They can eliminate costly premiums, liquidate a previously inaccessible asset, help seniors cover long-term or medical care costs, and pad a retirement fund. Yet despite these potential benefits, many financial advisors are still wary of life settlements. That’s due, in large part, to myths and […]
Technology is changing every facet of life almost too quickly to keep track. From apps that are helping financial advisors do their jobs better, to personal health and fitness trackers allowing us to see how well we’re sleeping, technology is helping us all do more today than we could yesterday. This is just as true […]
When it comes to financial advice, it seems that everyone has plenty to offer. Invest in these stocks, not those. Sell those shares now, not later. Use your savings to buy property, not stocks or bonds. And the list goes on. You’d think that once we reached the ripe old age that means we get […]
Last year, approximately 61 million Americans received $918 billion in Social Security benefits, with retired workers taking the majority — $55 billion. 9 out of 10 people age 65 and over received Social Security checks, with the funds representing about 35-40 percent of the seniors’ income. As for the 2017 forecast, a cost-of-living adjustment only […]
When you’re serving senior clients, there are a number of considerations you must take into account. For one thing, a senior client is usually a matter of years away from retirement, if they’re not already retired. Their financial goals are therefore very different from a client in her 30s or 40s. A retiree is likely […]
Ever since life settlements originated, there have been “provider direct” firms that advertise directly to seniors, offering to purchase their life insurance policies outright for slightly more than the cash surrender value. This can seem tempting to seniors who perhaps weren’t aware that their policy could be worth anything at all above the cash surrender value. […]
The end and the beginning of the year are times ripe with opportunity to reflect, repair, and improve our finances. As a financial advisor, you know this better than anyone. Now that the end of last year has come and gone, and we’re at the start of the new one, your clients are probably coming […]
Senior women in 2017 face a very different reality than their own mothers did 20 or 30 years ago. For one thing, many senior women have been working for all or most of their adult lives, so they’re more financially independent. At the same time, however, they’re coming into retirement age during a period of uncertainty […]
The end of one year and the beginning of another is a time of reflection and change - a time when we consider what we’ve accomplished in the past year, and set goals for the one to come. This is as true in a financial advisor’s office as it is anywhere else. After all, the […]
