Why should financial planners and advisors integrate the non-financial aspects of retirement?
As Financial Planners and Advisors, you help your clients to plan and prepare financially for their retirement. However, over the past two decades, longevity has upended the retirement equation. Your clients may be financially prepared, but have they prepared themselves to face the emotional and psychological challenges that they will inevitably encounter when they are unsettled in retirement?
In my 2021 survey of over 21,000 retirees, in the UK, US, Canada, and Australia, over 50% said that their single biggest challenge in retirement was their health, 35% said fear of outliving their savings and 15% said lack of purpose. Many feel uncertain about what’s next. Many of them end up struggling with loss of identity, loss of joy, and loss of purpose and meaning. For the most part, these are all preventable.
Why should you support your retiring clients to find new ways to thrive, after they retire?
This is not about altruism nor about charity: it is about good business practice that pays dividends almost immediately, not just with your existing clients, but for attracting new ones.
The DARE Method® helps your retiring clients transform this transition into an opportunity—helping them to retire with purpose, confidence, and excitement. It also helps you continue to serve your clients post-retirement.
- Self-paced and live coaching programs designed to help individuals redefine their next chapter.
- Practical frameworks that go beyond finances to focus on a new identity, a new purpose and a new passion.
- Tailored solutions that may be integrated into your transition programs, if you already have one
Why should you integrate The DARE Method® into your client retirement strategy?
- Support Clients Beyond Their Careers or Work – Provide a structured path to a purpose-driven new beginning.
- Enhances Client Well-Being – Reduces post-retirement listlessness, stress, and uncertainty.
- Strengthens Your Firm’s Culture – Show that you care deeply about their overall life, beyond their financial plans.
From your client’s perspective, the best financial planners and advisors would be those that show they care about their overall wellbeing – financial planning (money) and their life planning (meaning). Let’s talk about how the DARE Method® can be the next step in your client retention strategy.
Are you ready to lead the way in redefining retirement?
Let’s start the conversation today