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Archive for September 2017

How Aging Can Impact Your Financial Plan

The retirement planning process requires preparing for the unexpected. What happens if your carefully laid plan is beset by an unforeseen medical issue? Chronic illnesses such as Alzheimer’s disease or Parkinson’s – or any other illness that inevitably leads to a substantially diminished physical or mental capacity – can quickly overwhelm even the most carefully constructed retirement plan. Having contingency conversations with your planner often and early will help establish the trust needed to facilitate open and honest communication in the event of such an unanticipated event.

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