Summerlin Benefits Consulting Q&AAnswer
Nov 13, 2024 - 09:56 AM
Financial professionals play a key role in creating personalized retirement income protection plans by assessing a client’s financial goals, risk tolerance, and time horizon. They guide clients in choosing suitable products like annuities, which offer predictable income streams and principal protection. They also help select options like income riders or long-term care benefits to enhance retirement security. By using strategies like the "green line" approach, they ensure clients are protected from market volatility, helping them avoid running out of money in retirement.
