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Featured Advisor

Kim Butler

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX

I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

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September 24, 2014 Millionaire Fact of the Day

September 24, 2014 Fact of the Day: What Should Advisors Do As Their Clients Age?





Millionaire investors receive mostly investment related advice from their financial advisors.  We believe this will change in the future.  Why?  The average age of Millionaires is over the age of 60.  In the future, they are going to start turning to their advisors for things such as planning for long-term care and estate planning.  Both long-term care insurance and estate planning are critical for all of us in the next few years, regardless of your age.  If you are over the age of 50, you should be thinking about how you and your family are dealing with long-term care.  Almost every family has had some experiences with family members who need assistance as they age.  The earlier you deal with long-term care, the more affordable it is.