Longevity Is the New Risk—Are You Ready? Featuring: Russ Hill (Ep. 12)

This conversation explores the transformative impact of longevity on financial planning and wealth management. Mark Hurley, Ray Sclafani and Russ Hill discuss the need for financial advisors to rethink their approaches to planning for clients who may live significantly longer lives. Key themes include the importance of continuous learning, evaluating the return on education investments, and adapting financial conversations to different age groups.

In this conversation, Mark Hurley, Ray Sclafani and Russ Hill discuss the evolving role of financial advisors in the context of longevity and wealth management. They explore how advisors can shift conversations with affluent clients from merely having enough wealth to considering the quality of life they wish to lead.

The discussion includes innovative financial products like tontines, the importance of addressing ageism, and the necessity for advisors to adapt their practices to better serve clients as they age. Personal habits for longevity and the future of financial advice are also highlighted, emphasizing the need for a proactive approach to financial planning in light of demographic changes.