Suppose your client doesn’t have enough saved for retirement.

Research shows that the average American has $95,776 saved for retirement, and 1 in 3 Americans have no retirement savings.

If this sounds like your typical new client’s situation, you might consider recommending several options, including working during retirement, downsizing the home, or delaying claiming of Social Security benefits.

You should also make sure clients are aware of the potential costs of nursing care and long-term care, even if that will frighten them.

Read the full article from ThinkAdvisor here!