The April issue of the Journal of Financial Planning featured 10 questions with Sandra Timmermann, director of the MetLife Mature Market Institute, who shared her thoughts about recent MetLife research that reveals misconceptions about boomers. 

Here are some discussion points based on Timmermann’s interview:

·         If your clients are turning 62 this year, are they taking Social Security? Are you advising them to?

·         Do your clients ever say “I don’t need it so I’ll let the younger ones have it?”

·         What similarities do you see in your “first boomer” clients and those in the Mature Market Institute profile?

·         Do you agree that long-term care insurance and reverse mortgages could be the sleeping giants for the aging boomer group?