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 Increasing life expectancy is a revolution that is re-shaping the marketplace and peoples’ lives, explained Ken Dychtwald, Ph.D., Futurist, Author and President of Age Wave.
Retirement as a concept is being reinvented. Baby Boomers don’t necessarily want a life of “marginalized leisure” during a retirement that could last 25 years or more – nor can they afford it. According to Dychtwald, they want:
- To be connected and engaged
- The ability to reinvent themselves
- Freedom to pursue their individual lifestyles
To navigate this new retirement lifestyle, Baby Boomers must receive a financial wake-up call from trustworthy sources. Unfortunately, Dychtwald reported, only 30 percent of Baby Boomers are currently working with a financial expert.
Dychtwald said Baby Boomers don’t need advisors who focus first on numbers and products. They need advisors who can relate to them as individuals – someone they can trust, and who can help them visualize their future and how to fund it.
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Boomertirement Session Excerpts: Re-Visioning Retirement — A Financial Wake-Up Call for Baby Boomers. |
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