Retirement scan

Cases often go unreported because many times seniors are too embarrassed.

Keeping their money invested for a longer period enacts the power of compounded interest growth.

Clients are advised to have an emergency fund, create a monthly budget and repay their high interest debt.

Investing in tax-advantaged accounts and automating contributions are a few strategies that could help.

The right toolkit can help clients accomplish their dreams and ease the financial burden on their loved ones.

Students can always borrow money for school, but there are no "retirement loans" available for clients to use to fund life after work, a CFP writes.

Paying down debt, downsizing and reducing spending are a few ways retirees can grow their finances.

Clients should think of the years as empty buckets and keep the amount of income into each bucket level per year.

To build their wealth, retirement savers are advised to take advantage of tax-advantaged plans including 401(k)s and IRAs.

With millennial and Gen Z clients expected to have longer lives than their parents, securing an effective retirement horizon can have its challenges.