Saving for a comfortable retirement may be the most important investment anyone makes throughout their lives.
LTC in the News
The word is spreading. Major news outlets are letting the American people know the importance of long-term care (LTC) planning. Are you? Here are a couple of recent third party articles.
- ThinkAdvisor.com – You Could Be a Federal Long-Term Care Policy Advisor
- BrokerWorldMag.com – Having the Conversation About Long-Term Care
- SeniorsMatter.com – How to Communicate with Someone in a Dementia Care Community
Client education is a crucial part of a financial professional’s job, and is necessary for long-lasting relationships with consumers. Historically, in-person meetings and the occasional phone call formed the backbone of the relationship between clients and producers, but that’s no longer the case.
Financial professionals may find that some high net worth clients do not purchase as much life insurance as they should because the clients fear taking liquid assets out of other investments that lead larger short-term yields. This can be frustrating for financial professionals who want to help their clients meet legacy planning needs.
Traditional IRAs may be converted to Roth type funds to the advantage of certain account holders.