Level of Complexity: Intermediate
Understanding what retirees want and what keeps them up at night remain critical elements for financial professionals to solve for retirees. Mitigating longevity risk is an asset relocation story. Building asset location that creates both promised based and market based income sources that create a safe withdrawal rate from market based assets and a base level of income that cannot be destroyed or outlived. High priorities include income flow, discretionary liquidity, growth opportunities and legacy goals. In this session, learn about the myths and biases that surround these questions and show planners how to protect retirement income that mitigates longevity risk.