Financial Advice for Boomers

Financial Advice for Boomers

Source: Insight

Baby boomers are beginning to turn 60, and many of them have paid more attention to their current standards of living than retirement. Those boomers may have to manage a phased retirement. They are going to need help with financial planning and estate planning and the sooner the better.

Many believe they should not own equities, yet their biggest problem may be inflation, and equities are the only investments that can counteract the effects of inflation.

A CPA/financial advisor can be the most important professional in the lives of boomer clients.

From Insight, The Magazine of the Illinois CPA Society, January/February 2006. For the complete article, click on the following link: http://www.insight-mag.com/insight/06/01-02/col-8-pt-1-MoneysWorth.asp.