Your Financial Adviser Is Ignoring This Huge Part of Retirement Planning

Financial advisers are too focused on money when it comes to retirement planning, according to one expert. 'The conversation now is that retirement is some goal line to get to or it's a number to reach,' said Scott Hanson, a senior partner at Hanson McClain, a financial advisery firm. 'The typical person at retirement age today - the baby bomber - they don't want the retirement of their parents.' He said baby boomers want to continue to grow and flourish in retirement, instead of downsizing. 'There is a shift that has been going on and so many financial advisers are still talking about this number and once you get to this number you can quit working,' he added. He said financial advisers who are always talking about finances are missing a key factor: how people are going to spend their time in retirement.