Working Longer Can Offer More Investing Opportunities

NJBIZAugust 29, 2009

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Summary


'We do a lot of work with business owners, and 'tis getting moie commonto see them working beyond age 65," said Brian Clancy, a vice president and senior private dient adviser at the Princeton office of Wilmington Trust Corp., a financial services firm. "This means they have a higher level of disposable income, and may be able...

'We do a lot of work with business owners, and 'tis getting moie commonto see them working beyond age 65," said Brian Clancy, a vice president and senior private dient adviser at the Princeton office of Wilmington Trust Corp., a financial services firm. "This means they have a higher level of disposable income, and may be able to be more creative in their investing, eslate planning and gifting strategies"

Older business owners who keep working may be able to worry less about chronological age and instead focus their investment strategy on "when their assets will be needed," said Mark Murphy, an agent with Cranford-based Northeast Planning Corp,, who also has his own Roseland-based financial services company.

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Working Longer Can Offer More Investing Opportunities

'We do a lot of work with business owners, and 'ti...

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