Clients Need “Life Guides” for Retirement—Not Just Investment Advice

Clients Need “Life Guides” for Retirement—Not Just Investment Advice
Even without considering the COVID-19 pandemic, lifestyles of those in retirement today have changed a lot from decades past. Many are more likely to see retirement as a time of increased activity and exploration of new passions rather than simply slowing down and relaxing at home, new studies find.
At this year’s InvestmentNews Retirement Income Summit, RICP® program director Wade Pfau said because of this, advisors need to be guides rather than just business partners for their clients’ lives. Read more of what he recommends in the write-up here.
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Baby Boomers are retiring at an unprecedented rate, meaning that more and more Americans are facing the challenge of using their investments to maintain their quality of life. For them, the usual investment advice no longer applies. They need the unique strategies you can learn through the three-course Retirement Income Certified Professional® (RICP®) designation program. Help your clients thrive while growing your career.
