Paul Hechinger

Adult children’s money needs can threaten retired parents’ financial security.

Advisors should be aware of the pitfalls in advising clients to retire in other countries.

The time for advisors to discuss cognitive impairment is when clients are still healthy.

Assisting the elderly in resisting financial abusers is often challenging because the perpetrators may be the clients' own relatives.

Instruction should focus on the specific needs of the elderly, including how to spot and deal with cognitive decline or financial abuse.

You're a financial advisor, not a doctor, but if you're advising older clients, you need to be able to spot cognitive declines.

Cognitive and health issues can make meeting with older clients more difficult. Here are some tips to help advisors break down communication barriers.