Advisers should also stress with younger clients the importance of modeling healthy lifestyles for their children. Financial advisers tend to focus their aging clients on education funding and retirement planning, overlooking the importance of lifestyle planning. Currently, health care costs present a sizeable risk to financial security, therefore the prevention of illnesses through a healthy lifestyle should be a focal point of financial advisers. The study also found that people who are more likely to have chronic diseases such as diabetes or hypertension may need to take steps in order to prevent these conditions from becoming chronic.
Financial advisers tend to focus their aging clients on education funding and retirement planning, overlooking the importance of lifestyle planning. Currently, health care costs present a sizeable risk to financial security, therefore the prevention of illnesses through a healthy lifestyle should be a focal point of financial advisers. The study also found that people who are more likely to have chronic diseases such as diabetes or hypertension may need to take steps in order to prevent these conditions from becoming chronic.