While many of us may not feel we’re getting any older, as the seasons change and the air grows crisp, the things that matter to us may, in fact, be shifting. In the “fall” of your clients lives, age 40-60, stress now is the time to prioritize moving into the retirement phase of their lives with some confidence and assurance they’re not going to be a burden to their children.
Most clients are entering the final stage of their professional careers and sending their children off to college during the fall of their lives. As baby boomers reach the empty-nest stage of life, and active parenting draws to a close, they should indeed be focused on planning for their retirement. As a trusted financial advisor, encourage your clients in this category to change their aggressive financial plans to more of a moderate growth plan.