Running out of money is every retiree’s greatest fear. Your clients want protected growth and income for life. You need to provide them with a product that will allay their concerns. Lincoln Financial Group’s new whitepaper shows advisors how annuities can provide RIA-friendly solutions that will boost client satisfaction.
Right now, 10,000 Americans are retiring every day, that’s almost 4 million people per year. That number is only expected to grow over the next 10 years, as all baby boomers will turn at least 65 by 2030.
Chances are that a number of your clients are considering retirement already, and, if not, it’s a growing market and opportunity that you don’t want to miss out on.
The average net worth for Americans between ages 55 and 64 is $1,167,400, according to the Federal Reserve. That means there is a $2.5 billion-dollar-a-day opportunity when it comes to retirement solutions.
Lincoln Financial’s new whitepaper helps explain just what current and/or potential clients are looking for as they reach the age of retirement.
Those getting close to retirement want to make sure they have enough money to live comfortably for decades.
Unfortunately, the market is more volatile than it has been in years. According to Barron’s, “annuities are increasingly being recognized for their unique ability to ease investors’ greatest fear in retirement — running out of money.” Annuities can help your clients diverse interests when it comes to how they want to spend their post work years.
These days, retirees are focused on saving, spending, and giving.
They are scared that a dip in the market could delay their retirement. They want certainty about their income when it comes to replacing their consistent paycheck.
And, they want to leave a legacy that insures a comfortable future for their grandchildren.
Download Lincoln Financial Group’s "RIA Solutions" Whitepaper
Lincoln Financial Group’s whitepaper helps guide advisors through what they need to ask their clients who are reaching retirement age. They even provide helpful questions for different types of clients that focus directly on the outcomes those clients are looking for. Whether they’re risk-averse, focused on income protection, or concerned about the money they’ll leave behind for their family, Lincoln Financial Group’s RIA Solutions Whitepaper provides the insights you need to help your clients feel comfortable heading into retirement.
The whitepaper takes the time to detail how annuities have changed, and shows why they’re easy to implement into your practice today. It even provides advisors with information on the variety of solutions available to RIAs and their clients, and how each will help advisors find the solution that works for all of their clients.
The retirement market is growing every year. People are living longer and they need more complete solutions when it comes to their finances in the post work years. A commission-free variable annuity can bring a balance of protection, growth potential, and tax-advantaged lifetime income. Don’t miss your opportunity to help your clients feel comfortable as they enter retirement.
Download Lincoln Financial Group’s "RIA Solutions" Whitepaper