A good senior financial advisor can make the difference between a comfortable retirement and a hard road at the end of your career. The right retirement planning professional can help you decide how much to save and invest while you’re still earning, which investment vehicles make the most sense as you age, and how to pay for care that won’t be covered by Medicare or other insurance.
The good news is that there are highly trained financial planning experts who understand senior financial issues and want to help you make the most of your money. The not-so-good news is that there are dozens of confusing senior-planning designations, and not all of them are equal. There are also scammers who target seniors’ nest eggs with bogus “planning” help. Use our information to learn what to look for in a senior financial planner—and what to avoid.
View a glossary of senior financial advisor industry terms.
5 Questions Adult Children Ask About Senior Living Every year at about this time, I talk to many families who have become concerned about the changes they have noticed in their loved ones. They may be shocked by a seemingly rapid decline or they may come to the sudden realization that the changes they have noticed through the years have […]
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