Sponsored by The American College of Financial Services
A stable income is often the difference between living well and living in a state of perpetual worry. And this truth doesn’t change just because someone retires.
In the past, many retirees could count on defined-benefit pension plans to provide a stable income for life, but outside of public employees, few modern workers have pensions that guarantee lifetime income. This makes the job of financial advisors more difficult. After all, how can you help ensure your clients live a pleasant retirement and don’t run out of money if their only guaranteed income is from Social Security?
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