10.24.22
Clients Need a Chief Financial Officer for Their Lives
by: Eric Thomes
Eric Thomes, chief distribution officer of Allianz Life Insurance Company of North American, writes that during these uncertain times, "Clients who engage with financial professionals need a chief financial officer for their lives. Preparing clients for retirement is so much more than helping them accumulate a nest egg – it is creating a strategy to last them through retirement." He cites the 2022 Retirement Risk Readiness Study from Allianz Life, which found that 63% of people who have yet to retire said they fear running out of money more than death. About 44% of all respondents said making sure they have enough money is one of the most important things financial professionals can do to help.
Read the full article on Insurance News Net