According to CNBC, 10,000 baby boomers reach retirement age each day. As such, you are likely seeing large portions of your client base transitioning into the retirement distribution phase. Their assets in defined contribution plans will need to be rolled over and managed by a competent professional. Considering the tremendous wealth held in retirement plans (and the fact that boomers number more than 70 million), this represents a significant opportunity for you.
To help you seize this opportunity, here we’ll discuss four steps to guide your clients into retirement. By developing a solid retirement income planning process, you’ll help your clients make their money last and establish yourself as a go-to retirement resource.