article thumbnail

How Financial Advisors Can Help Protect Elderly Clients From Fraud

WiserAdvisor

is expected to have an astounding 80 million older people aged 65 and above by 2040. If you wish to learn more about financial planning for elders, consider consulting with a professional financial advisor who can guide you on the same. How are elders financially abused or scammed?

article thumbnail

How to Build a Retirement Plan That Covers Your Healthcare Needs

WiserAdvisor

The average life expectancy in the United States now stands at nearly 80 years, and by 2040, 20% of Americans will be over the age of 65. That is a big shift for the economy, and it brings some serious financial considerations for individuals, too. You can hire a financial advisor for healthcare planning and compare all options.

article thumbnail

How Your Health Should Factor Into Your Financial Planning

WiserAdvisor

From medical expenses to the impact of illness or disability on your ability to earn a living, your health can have a significant effect on your financial well-being. Therefore, it is essential to consider your health when making financial plans. Need a financial advisor?