Mike Harris with the Alliance for Lifetime Income hosts an episode in conversation with Tom West, a Senior Partner at Signature Estate & Investment Advisors. In this podcast, Mike and Tom talk through retirement income planning and the risk of outliving one’s retirement savings.

They also discussed:

• The latest research study “Protected Retirement Income and Planning” (PRIP).
  
• Consumer optimism about having enough money for retirement being low.
  
• The Importance of reducing ambiguity and educating clients for advisors.
  
• Personalizing solutions and acknowledging client concerns.
  
• Shifting consumer priorities – health concerns over financial worries.
  
• Addressing the intersection of health care and financial planning.
  
• The communication gap between advisors and clients on protection and specific risks.
  
• Handling discussions about cognitive decline with clients and families.
  

Resources: 

Alliance for Lifetime Income

Signature Estate & Investment Advisors