CNBC Digital presents the third in a series of five articles by members of its Financial Advisor Council on worst-case financial scenarios affecting clients in four age brackets: millennials and younger Gen Xers; people in their 40s and 50s; 60-somethings and pre-retirees; and those already in retirement. This week's guest contributor is Sheryl Garrett, founder of the Garrett Planning Network.
Imagine my surprise when I received a call from a client asking for a referral to a bankruptcy attorney. Ten years before, we had enjoyed regular contact, typically meeting at least a couple times a year.
Over time, our contacts grew more infrequent; however, we stayed in touch periodically, and things were chugging along nicely for several years.