on Jan 22nd, 2006Registered Financial Gerontologist (RFG)
Wouldn’t it be nice if all our assets aged as nicely as Sophia Loren?
The financial community is finally waking up to the fact that as more Baby Boomers retire, there’s a greater need to manage the booty they have acquired through work or inheritance. Investment planners are even taking classes to be certified as Registered Financial Gerontologists (RFG).
Understanding the aging process, and how it influences money issues, is at the heart of becoming an RFG. There’s also a greed factor here. The Baby Boomer generation is not going to be a bunch of old ladies hiding cash in their dressers. There’s a pirate’s shipwreck on the horizon, and those that dig in early will surely find the buried treasure.
The cost of getting old in America today comes down to a couple of things: dollars and cents and caregiving. Caregiving is best administered by someone with a clue about how your body and mind age and the sense to help you understand it.
Increasingly, that someone may be a financial planner with an RFG (registered financial gerontologist) designation after his or her name.
Aging $marter
by Dian Vujovich
New York Post, January 22, 2006
The American Institute of Financial Gerontology (AIFG) provides unparalleled continuing education and confers the Registered Financial Gerontologist (RFG) designation to professionals who advise older consumers and their families.
Today’s consumers need unbiased financial guidance that considers their individual family situation, health financing needs and assets in order to develop a plan that adequately addresses their increased longevity. In response to this growing demand, the American Society on Aging (ASA) and Widener University have combined resources to establish AIFG.
What is Financial Gerontology?
Financial Gerontology was established as a discipline in 1988. Since that time, Financial Gerontologists have worked to identify those gerontological concepts, issues, data and research findings most relevant to financial services and to communicate them to a broad range of professionals through teaching and applied research. Financial Gerontology is multidisciplinary, building on relevant teachings from biology, psychology, sociology and demography to understand the lifelong wealth span issues and aspirations of aging individuals and their families.
American Institute of Financial Gerontology
1525 NW 3rd Street, Suite 8
Deerfield Beach, FL 33442
Tel: 954.421.1403 or 888.367.8470
Fax: 954.698.6825
Email: info@aifg.org