Before your snowbird clients depart for warmer climes, you’ll want to meet with them to review their investment portfolios and budgets and discuss tax issues. You can take that opportunity to give them a few housekeeping tips.Snowbirds should take the following steps:> Have their bills sent to them at their vacation home or arrange to […]
When two generations live together, expectations, finances and care duties should be spelled out
Volunteers in Canada make a significant contribution, doing the equivalent of hundreds of thousands of full-time jobs. And older volunteers put in the most volunteer hours of any age group. The question now, says Marlene Deboisbriand, president of Ottawa-based Volunteer Canada, is whether the baby boomers will volunteer when they retire. The 2004 National Survey […]
Clients who have retired may find volunteer work satisfies their needs to contribute, stay connected and keep active
Steps to consider include postponing retirement, revising financial plan, setting up a trust, boosting life insurance
Rehabilitation period can provide opportunity for advisor and family to develop living arrangements for an elderly client
As older advisors retire, younger advisors will need to learn the subtleties of serving older clients
Even seniors who know it’s time to move out of their home may need some assistance
Grab bars in bathrooms, wider doorways for wheelchairs, call-in emergency systems all add to seniors’ independence
Let your clients know that if they plan ahead and use specialized agencies, they can still take that dream trip