4 non-investment questions to ask an advisor before retiring

Using a financial advisor for your investment needs is 100% on brand, but what about the other parts of your retirement life? For example, a third of people ages 64 and up have a financial advisor, but only 2% of them asked their advisor to help with their Medicare choices, according to a July 2022 report f rom health care consulting firm Sage Growth Partners.

But Medicare and other non-portfolio topics — like travel and long-term care — can affect your finances.

“We are actively bringing these ideas to our clients, but there are still plenty of advisors out there that are not,” says Crystal Cox , a certified financial planner in Madison, Wisconsin. “They’re still focused just on the investments and the portfolio.”

Here are some questions to ask at your next meeting.