Episode #332: Become an Elite Producer With This IRA Move


This post is intended for financial professional use only.

Every day, 11,000 baby boomers retire, totaling 4 million annually, and this trend will continue until 2030. Despite controlling half of the national wealth, including trillions in retirement assets, many are not prepared to fund the long-term care that 70% of people over 65 need.

Long-term care can cost upwards of $115,000 annually, making long-term care funding a significant part of retirement planning. Between the steep pricing, high likelihood of need, and the historic "Silver Tsunami" of baby boomers retiring daily, financial advisors have a unique opportunity to further support their clients by offering a solution that addresses both current needs and legacy planning.

In this episode of Money Script Monday, Sal outlines a unique IRA strategy that protects assets, provides significant tax benefits, and prevents a strain on savings due to future healthcare costs.

Resources Provided for This Episode

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About Sal Mendoza

Sal Mendoza is the Vice President of Field Support at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.