Knowledge and Insight > Thought Leadership

How can you make your firm more attractive to clients concerned about healthcare costs?

Cynthia Stephens | ByAllAccounts, February 2014

Summary: On average, financial advisors say their clients should expect Medicare to cover about three-fifths of their annual health care costs. Couple this with numerous studies that show the average American has not yet saved enough for retirement, and the 10,000 Baby Boomers who are retiring each day, and an alarming picture begins to come into view.

My opinion is that our society is not yet equipped to handle the elder care and healthcare cost issues that it will face due to what some have dubbed - the “Graying of America”. This crisis presents an opportunity for financial professionals with fiduciary responsibility. “

Cynthia Stephens, VP of Marketing, ByAllAccounts.

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