Retirement Help for Generations

It's National Retirement Planning Week... Retirement planning varies by generation and can be a struggle to find the right approach for each one. However, once you understand the similarities as well as the differences, you can be better prepared to serve all your clients/generations effectively. The more you know about the needs, attitudes, and behaviors of each generation, the better you may be at understanding how to help them achieve their retirement goals.

Like most advisors, your focus has probably been zeroed in on the Baby Boomer generation when it comes to helping your clients with retirement planning. It may be time to start focusing on the younger generations in order to grow or maintain your current practice. As affluent Millennials and Gen Xers age and inherit wealth, they become good candidates for an advisory relationship when looking to protect wealth and secure retirement. 

Maintaining a successful practice is about adapting to change. There are many ways advisors can position themselves to better serve the financial needs of all generations. Use these carrier resources to help get you started.

A Real-Life Solution in 2018

Well now, that was a year! The talking heads have already enjoyed analyzing what occurred over the 365 days of 2017…

The stock market continues an unprecedented rise, while the nation experiences very reasonable unemployment numbers.

Congress has finally passed an income tax relief package. The effect of this legislation will not be fully known for most people until the end of 2018.

Many of the powerful people we have listened to or watched have admitted their human failings, after causing others tremendous pain.

The United States seems to be the target of nature’s fury. Hurricanes, droughts, fires, floods and blizzards. And mass killings are no longer isolated events.

But life goes on for the average person, and our responsibility continues to center around the protection of families and businesses.

Would things be different if everyone owned life insurance? Life insurance: the miracle of creating an instant estate with a signature. An instant pot of income-tax-free money for the people we love, or to the people we owe money to, or to assure that our business can continue without us, if we can't fulfill our promises due to premature death.

And, the amazing value of our product continues to improve. We now have the ability to access that same bucket of money for sustained health care costs. The escalating costs that our elected officials, our medical professionals, pharmaceutical companies, and insurance companies cannot contain.

Oh, by the way, we have products that now allow access to the face amount of our policies if we live too long and need the benefit while we are alive. SERIOUSLY!

During times of uncertainty and stress, we can be and should be a calming, re-assuring voice.

MVP Financial welcomes your partnership and looks forward to being the real-life solution for the protection of your customers in 2018.

Happy New Year!