Advisers Can Offer Lifeline to Older Out-of-Work Clients
More than half of older workers experience an involuntary job loss between age 50 and when they retire, an analysis found. Advisers should support clients by showing empathy, assisting with short-term planning, and helping them tap into home equity if necessary. Financial advisers are a valuable resource during trying times, and are in a unique position to help clients navigate the situation while minimizing the financial damage.
To read the full article in Investment News, click: Advisers Can Offer Lifeline to Older Out-of-Work Clients.