Andrew and I labored collectively to determine the right way to eat our salad and even to seek out the bread. (It additionally turned out that Andrew was the vice chair of the FPA Retreat Activity drive, so he knew this blindfold expertise was coming.)

The FPA Retreat

The FPA held the four-day occasion earlier this month.

The convention provided three keynote displays and 24 break-out periods, and it attracted 238 attendees, based on Ben Lewis, the FPA chief communications officer.

One session, offered by Mark Paulson of Allianz Funding Administration and Tim Rembowski of DPL Monetary Companions, coated use of annuities to boost retirement portfolios.

The audio system talked about how purchasers can use annuities to extend returns whereas sustaining the identical stage of threat in retirement. They famous that they’re seeing a development in the direction of purchasers’ retirement age dropping to age 62.

Julie Fortin of NorthStar Monetary Companies and Marlis Jansen of Graddha gave a presentation on the teachings neuroscience has for monetary advisors. One in every of their options for advisors, based mostly on neuroscience analysis: Spend about 75% of the time listening and 25% of the time speaking.

Annalee Kruger, president of Care Proper, ran a workshop on serving to a shopper develop an growing old plan. Her presentation included recommendations on figuring out indicators that point out that your shopper may need dementia or is having bother getting by at dwelling.

She supplied attention-grabbing statistics regarding caregivers and the way offering care impacts belongings underneath administration.

• 63% are serving to fund their growing old father or mother’s wants.
• 42% cut back their contributions to their very own financial savings/retirement.

In different phrases, caregivers who’re serving to to help family members, due to issues with the family members’ growing old planning, are in all probability not funding their very own retirement accounts in addition to they could possibly be.

Margie Barrie, an agent with ACSIA Companions, has been writing the LTCI Insider column since 2000. She is the creator of two books and a frequent convention speaker.

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FPA Retreat attendees watch a presentation about advertising and marketing to the child boomers. (Picture: Margie Barrie)