10 Issues To Discuss
For people with $2 million or less saved, advisors can help them specifically work through 10 questions to understand whether they have financial freedom in later years:
The 10 issues are:
1. When and how will a client retire?
2. When should the client start Social Security?
3. How can the client use savings to build a retirement income portfolio?
4. What Medicare choice should the client make?
5. Does the client need to reduce living expenses, and how?
6. Should the client deploy home equity to generate income?
7. How can the client protect against long-term-care expenses?