Mmastodon BusinessBanking first seen 7 d ago, last 6 d ago, peak #7

Boomers' wish to age at home may blindside financial advisors

Original: Most baby boomers want to age at home. That could be a blind spot for advisors Advisors may underestimate the compoundin

Most baby boomers say they want to remain in their own homes as they age, but financial advisors may be underestimating the compounding costs of in-home care. Commenters in banking circles argue that elder care is too often treated as a peripheral issue rather than a primary driver of retirement solvency, potentially leaving clients unprepared for the real expense of aging in place.

Why now: Growing attention to retirement planning gaps as the large boomer generation ages and long-term care costs rise.

baby boomersfinancial advisors

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Evidence

• Most baby boomers want to age at home. That could be a blind spot for advisors Advisors may underestimate the compounding expenses of in-home care, treating elder care as a peripheral issue rather than a primary driver of retirement solvency. https://www.… · AlexJimenez@mas.to · 1

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