Sarah Hogan at HUM London 2019
Reimagining Retirement: Embracing Financial Independence
At the Humans Under Management London 2019 event, Sarah Hogan of KBA Financial presented on the evolving concept of retirement and its implications for financial advisers.
This talk addresses the challenge of outdated perceptions of retirement and encourages advisers to focus on helping clients achieve financial independence instead. Hogan emphasises the need for a change in mindset when discussing retirement planning.
Key insights from the presentation include:
- The average pension pot in the UK is insufficient for a comfortable retirement, highlighting the need for proactive financial planning.
- Advisers should engage clients in discussions about their life goals rather than simply asking when they want to retire.
- Understanding client aspirations and emotional needs is essential for building effective financial plans.
- The importance of teaching financial literacy to younger generations to prepare them for a longer lifespan.
Watching this video will equip financial advisers with practical strategies to enhance client relationships and foster a more meaningful dialogue about financial independence, ultimately leading to better outcomes for clients.
