It’s not enough anymore for financial advisors just to give guidance on financial planning and fund-picking. With the proliferation of robo-advisors and financial advising apps, it’s become critically important that financial advisors offer their clients more than the expected.
A longevity solutions advisor is a financial advisor who, in addition to providing financial guidance, helps clients navigate the complexities of aging and longer retirements. They don’t just talk about products with clients, but rather they have deeper discussions about the realities that come along with older age—such as healthcare costs, aging in place, maintaining quality of life—and help them come up with a plan. There are a few key elements to becoming a longevity solutions advisor: