Ron Mastrogiovanni is CEO and chairman of HealthView Services. Ron may be contacted at [email protected].
Advisors should lean into conversations with clients and prospects about a range of retirement planning scenarios.
While we should take the president-elect at his word and trust that he will do everything he can to ensure promises made will be promises kept, there are known unknowns.
Longevity risk gets a lot of attention, but the other side of the coin – the high probability of dying earlier than 95 – should also be discussed with clients.
Medicare premium increases are among the health care costs that advisors must help clients budget for in planning for retirement expenses.
Assuming a modest reduction in benefits is a prudent step to ensure retirement plans will meet future needs.
Although the Social Security and Medicare changes for 2023 are the exception rather than the rule, they are a welcome opportunity for financial professionals to engage with clients around the long-term trajectory of these expenses and add value by developing savings plans that ensure this critical need is met.
Americans recognize that they may require end-of-life long-term care, but many choose to roll the dice instead of planning for…
Six takeaways to discuss with clients when considering their future expenses should they need long-term care.
How advisors can add value by planning for the specific financial challenges women face in retirement.
