De-Risking Retirement Using Permanent Life Insurance
Speakers: Gonzalo M. Garcia, CLU
Year: 2019
Body of Knowledge:
Accumulation Planning with Life Insurance,
Retirement Income Planning
Competence: Sales |
Level: Broad |
Session Rating: 4.17
By 2030, the last of the baby boomers will reach retirement age and over 17% of the US population will be over the age of 65. This generation will also control approximately 45% of all wealth in the US – over $50 trillion. The market opportunity for insurance professionals is staggering with over 47,000,000 people retiring in the next 13 years. They all face four overriding risks during their retirement years – markets, mortality, morbidity and longevity (MMML). This session will walk you through a case study on how permanent life insurance can help hedge against the most overriding concerns facing pre-retirees today – concerns that survey after survey say keeps them up at night.