Boomers Change The Finacial Planning Industry Published
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2. Wealth management firms should be prepared to recommend helping boomers plan for their parent’s future.
3. Wealth management firms should be prepared to help boomers with complex estate and succession plans for family own businesses.
4. Wealth management firms will need to be prepared to educate their clients on the need to stay fully invested in their plan until the end of life.
5. Wealth management firms will need to be prepared to educate their client on the scientific approach to asset allocation with all the wealth they have accumulated.
6. Wealth management firms need to lobby their senators and congress to extend the age limits on withdrawals of IRA’s and 401K’s from 70 to beyond. <br />