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- Consumer
Aging & How it Affects What We Do
- Demographics and the aging population.
- As clients age, or develop challenges such as chronic illness, advisers need to rethink many of the services they provide.
- Longer life expectancies also have to be taken into consideration so clients don’t run out of money in old age.
- Correlation between wealth and health.
- Care managers have been off radar for most advisors and are growing in importance as a member of the planning team.