Episode 174 – Securing Your Future with Mike Harris and Tom West

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

 

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