Description
Retirement Planning for Seniors: Helping Our Clients Take Charge enhances your personal income planning knowledge so you can assess client primary objectives and financial resources, including weighing the risks and tax consequences of each product. The course defines the roles and responsibilities of financial services professionals and the specific needs that can be met by the services you provide. It addresses how to evaluate a client's retirement plan, apply your expertise in retirement vehicles, and recommend the best course of action. You will review how family members affect planning and examine the basics of financially preparing clients for a retirement that is distant, rapidly approaching, or current. It covers personal health planning, Medicare, Medigap, personal insurance, home healthcare, long-term care options, and basic estate planning concepts, including probate, wills, viatical settlements, taxes, trusts, gifts, and life insurance. Learning Objectives: Discuss the role of the financial servic
Learning Objectives
After completing this course, you will be able to:
• Discuss the role of the financial services professional in helping clients with retirement planning
• Describe the process of retirement income planning and the various types of retirement plans and other financial resources
• Explain the challenge of health care planning and the roles of Medicare, Medigap insurance, Medicaid, and long-term care insurance
• Assess assisted living and other long-term care settings
• Understand the process of estate planning and the importance of wills, trusts, gifting, and life insurance.