Retired People ( 55 and above )

Financial Needs

· Designing an asset allocation for a stable retirement income

· Preserving their wealth

· Planning for the post-retirement medical expenses

· Planning for post-retirement long term care

· Updating their will and estate plan

· Re-evaluating insurance coverage

Financial Mistakes

· Spending too much in the first few years of retirement

· Failing to revise the financial plan

· Having too much or unnecessary insurance coverage

· Not updating their will or overall estate plan