Boomers are relying heavily on public care for aging parents and are concerned about the impact of eldercare their own lives
An investment approach centered around corporate bonds and dividend-paying stocks is likely to resonate with clients
Weather, followed by finances and family considerations, are the key motivators in deciding where to retire
Ease time constraints and look beyond the numbers
One way to ensure you retain your boomer clients as they get older is to become an expert in post-retirement planning. That means understanding the challenges they have in ensuring they don’t outlive their assets
This generation of clients may have unrealistic goals
Baby boomers intend to rewrite the book on retirement when they leave their full-time jobs. Think business ventures and exotic trips rather than seniors’ bus tours
Subtle tweaks can make your practice more senior-friendly
Money doesn’t buy happiness, but it appears that having a financial plan does