At the end of this month, people around the world will turn their attention to the Major League Baseball (MLB) World Series. It’s an especially exciting time for me, as my favorite team – the Boston Red Sox – has a very realistic chance to participate in the World Series.
My latest Senior Market Advisor column highlights the parallels between transitioning a baseball team from the regular season to the postseason, and transitioning our clients from the accumulation phase of retirement savings to the distribution phase.
With the looming retirement of 78 million Baby Boomers in the U.S. alone – and millions more throughout the world – it is critical that we all strive to increase our understanding of distribution-phase risks, and the full range of innovative insurance products and annuities that can help guarantee income for life.
For insight into this specific topic from leading economic and financial experts, please visit the Life Income section of the MDRT Boomertirement Web site. It’s a great place to start.
We’d love to hear from you. How are you helping your clients transition financially into their exciting “postseason” lives? What insight from the Boomertirement Web site have you found most helpful in your work with Boomers?
Check out the online column for more about the parallels between baseball management and retirement planning.
Go Red Sox!
