Leading the Healthcare Cost Conversation: Retirement Planning for Clients
As healthcare expenses rise in retirement, it’s critical that partner agents and advisors talk about healthcare as an essential expense and guiding factor in retirement planning with their clients. The increasing costs of healthcare in retirement compounds the retirement income challenge which increases concerns among pre-retirees and makes it difficult for financial agents/advisors to plan. In […]
How Can Advisors Play a Role in Closing the Financial Literacy Gap with Women Clients?
It is important that advisors understand that women may present different educational needs and retirement planning strategies than men. Your female clients may not be aware of the contingencies related to the cost of long-term care and other factors that could affect retirement income.Nearing retirement is supposed to be an exciting time, the start of […]
The Disproportionate Impact of COVID-19 on Women in Retirement
The COVID-19 pandemic heralded what NBC and other news outlets are calling a “She- cession” – a recession that has particular impact for women of all ages. An unexpected population impacted by COVID-19 – women of retirement age. Prior to the pandemic, women of retirement age were disproportionately less secure financially than their male counterparts […]