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Question 1 of 5
1. Question
1 point(s)One of the planning and wealth management opportunities in 2020 and beyond is for advisors to evolve their practices to include planning for life (longevity and health). Including planning for life in retirement planning helps advisors do the following, except:
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Question 2 of 5
2. Question
1 point(s)The following are ways to pro-actively introduce questions about longevity and health care planning with clients and their family to help them prepare for health care risks in retirement, except:
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Question 3 of 5
3. Question
1 point(s)Three key challenges when planning for life in retirement include the following except:
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Question 4 of 5
4. Question
1 point(s)The standard way of estimating longevity is to use an actuarial table, which does not create the personalization level needed as it is a population-based average. By creating personalization and matching the individual client to people like them, we can help create better data and assumptions to plan future healthcare expenses. Therefore, when planning for healthcare costs in retirement it is important to plan for the following, except:
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Question 5 of 5
5. Question
1 point(s)Another part of estimating longevity includes evaluating the most critical lifestyle factors that can impact how long you live. Many people think that their genetics are their destiny, which is a big misconception. The reality is that lifestyle and environment play a huge role in how your health progresses and whether different diseases you might have a genetic risk for come to fruition. Which of the lifestyle factors has the smallest impact on longevity?