When planning for retirement there are some typical problems for most people:
- Don’t know how long they have to work for
- Not sure what lifestyle they can afford to lead on an ongoing basis
- Stressed because the future in uncertain, they don’t know, they’re living week to week and panicked that they may have left it too late
What sort of outcomes will a great adviser work with a client to achieve? Here are a few key ones:
- Reassurance they will be ok or told the whole truth and shown the way to address the problem
- Less stressed – once they have a plan
- Know and can prepare for the lifestyle they will lead in future
- Empowered to make choices and understanding the implications of their various choices
- Have someone who will keep them accountable for changing the behaviour (if required) that has led to this point
