The future of financial services will be more than managing money. The longevity gains of the last century present a financial risk that previous generations rarely encountered -- a lifespan that outlives the wealthspan. In this segment, of the five-part audiocast on Disruptive Demographics, future financial services are defined beyond the traditional functions of planning, accumulation and management of money to being intimately connected to 'purposeful activities,' health cost management, financing home services, caregiving, home modification, other life events, etc.
How might the baby boomers new demands in old age recast the role of financial services, financial and retirement products, and professional advisory planning?
Disruptive Demographics & the Future of Financial Services
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