How could a financial advisor help a new client who wants to retire, but hasnt saved much, doesnt know how much to set aside and worries about running out of money in old age?
He or she might start by delivering some hard truths, namely that its time to push reset on the planning button and look for new ways to boost income and rein in spending. The hardest truth of all may be that the client has to delay their retirement by working a few extra years. These conversations are taking place in advisors offices all across America.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access