Retirement Planning “Built to Last”

Presented by

Curtis V. Cloke, CEO & Founder, Thrive Income Distribution System

About this talk

Building retirement plans that can last a lifetime is the prize of every retirement planning professional and retiree. When retirement plans are “Built to Last”, longevity risk is the number one retirement risk for most retirees (especially when protecting two people for a lifetime). Retirement practitioners need to consider major risks associated with the distribution phase, different from the accumulation phase. Understanding what retirees want and what keeps them up at night are the major elements for financial professionals to resolve and solve for their pre-and-post retiree clients. It is important to build investment allocations that create a base of income that cannot be destroyed, one that cannot be outlived, and when done correctly, protect principal in the event of early death. Investing solutions should focus on income flow, discretionary liquidity, growth opportunities and legacy goals. During this session, we will address many myths and biases that surround these questions and show you how building a retirement income floor that incorporates insurance guarantees can help clients meet their emotional and financial needs for a lifetime. In this program, you will learn about: - Promised Based Income: Luck vs. Skill (Predictable vs Unpredictable) - Liquidity: Understanding the “Illusion of Control”… FOMO (fear of missing out) - The top five risks to mitigate in retirement - How to take a “basket of products approach” (agnostic approach) - The benefits of: “Buy income and investing the difference® - Divide and Conquer Strategy: - Providing income that lasts a lifetime - Providing an opportunity for long-term growth, discretionary liquidity and legacy goals

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