Episode #264: How to Address the Rising Cost of Living During Retirement


 

If you have clients who are worried if they’ll have enough assets during their retirement to support their lifestyle and address the rising cost of living, they’re not alone. According to a 2021 market perception study, 72% of Americans are concerned that the rising cost of living is really going to impact their retirement plans. This doesn’t even account for 2022 data and the alarming rate at which the price of goods and services has skyrocketed this year alone! What can your clients do to combat rising inflation?

In this episode of Money Script Monday, Sean unpacks income annuity benefits to explain how FIAs can offer not only guaranteed lifetime income but increasing income in retirement.

Resources Provided for This Episode


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About Sean Brady

Sean Brady is an Advanced Case Designer at LifePro. He works with financial professionals designing advanced case illustrations that are built for longevity and are always in the best interest of the client.

Disclaimer

This information is meant for educational purposes only.



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