“Now he has started a part-time business that he always wanted to do but did not have time for in the past, and is spending time with his grandkids,” Henderson says. “Advisors need to help clients make their lives meaningful. Help them plan for activities they will enjoy with people they care about.”
Henderson has bachelor’s degrees in both psychology and finance. He wanted to be a psychologist until his father died and his widowed mother needed help with her finances. That made him realize he could combine psychology with financial planning in one career.
Henderson passionately believes advisors need to devote adequate time to talking with clients both about retirement finances and retirement satisfaction issues. “These are powerful conversations that seem out of context from the normal client conversations,” he says. “My prediction is if you can’t talk about these things with clients, you will be left behind by those who can. Solutions to retirement problems are out there if you do ‘retirement by design’ for your clients.”