Foundations of Financial Gerontology

2023-07-24 16:14:16

The good news is that people live long, and today's 60-year-old is expected to have a life expectancy of more than 25 years. The challenge is to plan for elderly parents and decide how people will provide their economic needs for years after traditional retirement.

Since 1990, the emerging field of financial gerontology has worked to link the elderly research and gerontological research with financial services experts - financial planners, accountants, senior lawyers, and long - term care insurance consultants.

In 2002, the American Financial Gerontological Research Institute [AIFG] was established to create a targeted educational program for financial services professionals who work with the elderly and their families . In fact, the initial plan was to provide gerontology education to financial experts who are already working in high-end markets.

Along with the development of the AIFG program for financial professionals, there are many experts other than financial experts such as social workers, facility managers and staff, nurse managers, lawyers and paralegals, therapists, elderly nursing care institutions It is clear. - Look for a basic but targeted education among multiple links between the idea of aging and problems and issues of financial concepts and problems

In order to fulfill this need, AIFG has announced a new professional seminar and seminar designed in collaboration with the American Association of the Aged Financial Gerontology Foundation. The Financial Gerontology Foundation includes three courses of the AIFG Professional Design Program (RFG program) and utilizes the extensive experience of AIFG teachers nationally famous educators.

One of the fundamental concepts of financial gerontology is that gerontology is not an "elderly" research, but a process of researching aging. The inevitable consequences (and problems) of this concept is that the age gap between individuals and groups may not be the result of aging. Another explanation is maturity - an aging "competition hypothesis", which is interpretation between generations. In many areas of human attitudes and behaviors such as finance, society, politics, individuals, the difference between young and old and old, contacts with age, not generation, birth cohort, and a period of personal history. When they grow

The idea of formal educational program for financial gerontology began around 1999 and began with the experience of two gerontologists - Dr. Neal Cutler and Dr John Migliaccio. At that time, Cutler was a professor of gerontology, Migliaccio was president of Gerontology Marketing and Consulting Company. Each study focuses on the financial perspective of gerontology and the gerontological aspect of finance. Over the years, they have been invited (at times, together, sometimes by one person) to lecture sponsored by financial experts and senior citizen lectures. More and more of these invited speech shows that the financial services industry needs a more structured periodic educational program.

In 2002, the American Institute for Gerontological Research was founded and developed an educational program for financial services professionals working with the elderly and their families. In fact, the initial plan was to provide gerontology education to financial experts who are already working in high-end markets. Along with the development of the AIFG program for financial professionals, there are many experts other than financial experts such as social workers, facility managers and staff, nurse managers, lawyers and paralegals, therapists, elderly nursing care institutions It is clear. - Look for a basic but targeted education among multiple links between the idea of aging and problems and issues of financial concepts and problems