Wichita Falls Financial Advisors for Seniors

What to know when choosing Wichita Falls financial advisors for your loved one

The Baby Boomers represent the largest generation in the United States, and they’re about to retire. If you’re a caregiver for one of these Baby Boomers, you’re already well aware of this fact. What you might not be aware of is the fact that the sheer number of retiring Baby Boomers is putting a major strain on our economy. According to the most recent estimates, a whopping 10,000 Baby Boomers reach retirement age every single day in the United States. If every one of these individuals approached retirement age with a sense of financial security, this simply wouldn’t be an issue. But this is far from the case. In fact, about 20% of these people don’t even have $5,000 in the bank for an emergency. The vast majority have no idea how much they’ll need to retire. With so much strain on the government to support these Boomers, the responsibility will shift instead to their caregivers. If you’re ready to take this responsibility seriously, a senior financial advisor in Wichita Falls can help. Browse our listings today to find local options nearby.

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