Financial advice for seniors

Financial advice for seniors

Financial advice for seniors

As a member of the generation 55 and older, you may feel as if you are constantly juggling your own financial needs as well as those of your parents and children. In this situation, it’s easy to put your own needs, both now and in the future, on the back burner as you try to help your loved ones. While it’s easy to overlook minor details, they can quickly add up to a major financial headache down the road.

Why financial advice important for seniors?

In our experience assisting people like you, those over the age of 55 frequently face the following financial challenges:

How we can help seniors?

Our approach to financial planning takes into account every aspect of your financial life, which means that every recommendation and piece of advice you receive is tailored specifically to your financial situation and goals. Our dedicated team of financial advisors can assist you in the following ways:

For us, financial advice is more than just pointing you in the right direction. It is instead about providing you with expert financial advice whenever and wherever you require it.

Frequently Asked Questions

 There are a number of options for generating income during retirement, including Social Security benefits, pension payments, investment income, and part-time work. You may want to consider a combination of these sources to create a stable and reliable stream of income.

 One way to protect your assets from unexpected expenses is to have an emergency fund set aside for unexpected costs. You may also want to consider purchasing insurance to protect against certain financial risks, such as long-term care costs or the loss of a spouse's income.

 The best investments for someone your age will depend on a variety of factors, including your risk tolerance, financial goals, and investment horizon. You may want to consider a mix of investments, including stocks, bonds, and cash, to create a diversified portfolio.


Client Feedback

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Ella Brown Marketer

The team at Wise financial advisors have been a huge help to my wife and me. Our planner has provided extremely helpful advice, including the creation of an SMSF.

Francisca Doe Manager

Wise financial advisors worked with us to create well-defined goals and a financial strategy to support them. The team is extremely knowledgeable

Lucas Liam Senior Accountant

My long-term accountant recommended Wise financial advisors to me. We knew we needed to get some strategic advice and structure our finances.

Olivia Managing Director

I am extremely pleased with the service provided by Wise financial advisors. I would gladly recommend them to anyone looking for a truly talented team of financial planners.