Tip 7
Only an Advisor who takes the time to know you, learn your story, understand your motivations, fears, goals, ambitions, and challenges can help you put in place a financial plan that works for you.
Tip 8
As seniors live into their 80s or longer, their middle-aged children must now become their main caregivers and provide them with appropriate housing, and financial and emotional support. Working with your advisor and discussing the needs of your family can help you take control of costs and challenges as your elderly relatives age. It will help give you peace of mind knowing you are prepared for the day when you have to step into the caretaker role.