When it comes to retirement planning, many clients tend to underestimate retirement risks because they expect to rely on income from their Social Security benefits and pension plans. Find out how you can help clients feel more confident when it comes to their retirement plans.
By nature, people are optimistic, especially at the start of a new year. Having confidence in a better tomorrow tends to carry over into every aspect of our lives – including retirement. But in reality, that optimism may cause them to overlook potential risks.
Today’s seniors are living longer, and that added longevity is putting stress on even the most carefully considered retirement plans. Help seniors plan smarter by starting conversations about the need for guaranteed income with our free resources.
There’s a lot at stake when helping clients prepare for retirement — especially if systematic withdrawals are part of their plans. A poor sequence of returns early in retirement can hit clients’ portfolios without warning and weaken their ability to fund the next 20 or 30 years of their lives. Luckily, adding a source of guaranteed income can help.
The Alliance for Lifetime Income’s new RISE Score™ helps assess how well your clients are prepared for retirement, and can help you share options to increase their retirement income readiness.